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.

Advertisement

“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.

“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.

Advertisement

“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)

Advertisement
Click to comment
COMMUNITY REPORT4 hours ago

Isoko North Chairman Celebrates Nigeria’s Military Professionalism, Dedication

Profiled
FEATURED4 hours ago

EFCC Never Harassed My Client – Defense Lawyer in Emefiele’s $4.5bn Fraud Case

COMMUNITY REPORT4 hours ago

Isoko South Boss Calls for Continuous Support for Nigeria’s Armed Forces

NEWS4 hours ago

Gov. Oborevwori, Others Honour Nigeria’s Fallen Heroes

stashed away
FEATURED5 hours ago

Court Orders $150,000 Forfeiture Linked to Vetifly Boss Emmanuel Okoh in Money Laundering Probe

FEATURED5 hours ago

Court Examines Bank Transactions as EFCC Proceeds with Yahaya Bello’s ₦110.4bn Kogi Fraud Case

FEATURED5 hours ago

Alleged Cryptocurrency Investment Scam: EFCC Presents Seventh Witness Against Ringleader of 792-member Syndicate in Lagos Court

FEATURED7 hours ago

EFCC Recovers N64.8m Defrauded from a Businessman in 2024

FEATURED18 hours ago

Wife Goes Berserk in Delta, Kills Husband and Girlfriend, Injures Neighbour Over Alleged Infidelity

FEATURED19 hours ago

Hidden Xenophobia or Genuine Security? Details as US Targets Nigeria, 74 Countries in Visa Crackdown

NEWS1 day ago

Obi Cubana Lauds Gov Oborevwori’s Devt Strives as Pastor Jerry Eze Dedicates Asaba Millennium City Project to God

FEATURED1 day ago

Oborevwori Announces Minor Cabinet Reshuffle, Nominates ex-SSG as DELSU Council Member

FEATURED2 days ago

Oborevwori Gifts Traditional Rulers in Delta 65 Brand New SUV

COMMUNITY REPORT2 days ago

BREAKING: Fulani Militants ‘Overrun’ Delta Community, Unleash Mayhem

BUSINESS2 days ago

Gov Oborevwori Boost MSMEs In Delta, Releases N1Bn to BoI as Revolving Loan

Advertisement
Advertisement

z