Connect with us

FEATURED

NDDC In Fresh Financial Scandal As Senate Uncovers Payment Of N698m To Ghost ‘Retired Generals’

Published

on

Sole Administrator

The Management of Niger Delta Development Commission, (NDDC), seems to be in a fresh messy financial scandal as the Senate says it has uncovered how the commission paid Retired Generals for regional security surveillance of the Commission’s N698m projects without evidence of service delivery.

The Upper Chamber’s Committee on Public Accounts, chaired by Senator Matthew Urhoghide, said it is relying on special period check of the Commission between 2013 and 2018 by the Office of the Auditor General of the Federation.

The Committee claimed it discovered that the contract for the surveillance was not subjected to open competitive bidding according to Public Procurement Act 2007 24 (1).

The query reads: “It was observed from the payment documents that between January 2017 and June 2018 that the sum of N698 million were expended or transferred to private security consultants for the ‘Regional Security’ Surveillance of NDDC projects in Niger Delta.

“Engaging private security outfits in this volatile terrain is highly doubtful as they cannot be better than the Nigerian Military, police, NSCDC who are always at the service of the Commission.

“The audit team made relentless efforts to site the contract files of the security consultants with the view to verifying the term of engagement and the NSCDC clearance proved abortive.

“Thus, making it very difficult or if not impossible to verify this claim as many of the purported private security consultants are not security outfits.

Advertisement

“Audit inspection at the Niger Delta states offices and subsequent visitations to the project site could not on site, and for those few that were on the site , only Setraco Nig.Ltd had soldiers on ground without the presence of the security as claimed .

“Therefore, these are viewed as payment for services not executed contrary to Financial Regulations 708&3104.

“The Management should ensure that the consultants refund the sum of N689 million babe furnish the office of the Auditor General for the Federation with evidence of recovery for authentication.”

(Report, excluding headline: The EagleOnline)

Continue Reading
Advertisement
Click to comment
FEATURED4 hours ago

Pakistan Offers to Help Nigeria Fight Terrorism as Defence Adviser Meets COAS

FEATURES5 hours ago

Oborevwori Boosts Infrastructure at UNIDEL, Inaugurates Faculties of Engineering, Environmental Sciences

FEATURED20 hours ago

How Orubebe and Jonathan Came Close to Losing Their Lives for Amnesty

COMMUNITY REPORT2 days ago

DSCTDA Sustains Cleanup Exercise at Koka Bridge

FEATURED2 days ago

el-Rufai Moved from EFCC to ICPC Detention Facility Over Ongoing Investigations

FEATURED2 days ago

COAS Advocates for Sustainable Veterans’ Welfare Systems Backed by Law

Profiled
FEATURED2 days ago

Alleged $6bn Mambilla Fraud: Agunloye Knew Sunrise Power Owner, Leno Adesanya Before Ministerial Appointment – EFCC Witness

FEATURED2 days ago

Two Arraigned for Alleged N143million Fraud in Benin-City

FEATURED2 days ago

Court Grants EFCC Interim Attachment Order on Nine Mineral-Laden Trucks Impounded in Ilorin

POLITICS2 days ago

Isoko North Chairman Commends Peaceful Conduct of APC Council Ward Congresses

FEATURED2 days ago

Tinubu Signs Order to Eliminate NNPCL’S Deductions, Direct Remittance of Oil Revenues to Federation Account

FEATURED2 days ago

Electoral Act: It’s Not About Politics, It’s About Process – Tinubu

FEATURED3 days ago

NDPC Probes Temu for Alleged Violation of Data Protection Act

BUSINESS3 days ago

How FairMoney is Powering the Next Generation of Nigerian SMEs, By James Edeh

FEATURED3 days ago

Cross-Sector Budget Defense: Sen. Nwoko’s Ensures Active Engagement to Enhance Transparent Resource Allocation

Advertisement
Advertisement

z