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
Article Banner

“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
FEATURED5 hours ago

Malami, Ogboru, Gbadebo Rhodes-Vivour Lead as ADC Unleashes Political Heavyweights for 28 Governorship Slots ahead of 2027

FEATURES5 hours ago

Atiku to Tinubu: Release Your FBI Files, I Have Nothing to Hide

FEATURED11 hours ago

Abducted Delta Woman Rescued as Police Arrest 8 Suspects in Abraka

NEWS12 hours ago

NYSC Sets September 8 for Physical Verification of Foreign-Trained Graduates

FEATURES14 hours ago

Your Sacrifice Matters — VeryDarkMan Apologises to Troops Over NBA Conference Outburst

NEWS16 hours ago

Okowa’s Senate Bid: Why Experience, Party Structures May Give Him an Edge Over Ochei in Delta North

FEATURED18 hours ago

Defence Minister Musa Blasts El-Rufai, Accuses Ex-Governor of Dividing Kaduna

NEWS1 day ago

2027: Isoko North LGA’s City Boys Movement Meet Ogorugba, Declares Support for Tinubu, Oborevwori’s Re-election Bid

FEATURED1 day ago

Delta Police Arrest 6 Suspects, Dismantle Illicit Drugs Shop

Bichi
FEATURES1 day ago

Why DSS DG Draws the Line: ‘No More Arrests Over Civil Disputes’

FEATURES1 day ago

Tinubu Not Facing Criminal Case in US, Presidency Clarifies FOIA Litigation

FEATURES2 days ago

PenCom Raises Alarm as PFAs Sink N17.1trn Pension Funds Into FG Securities

FEATURED2 days ago

Court Remands Man for Retaining N1.09b ‘Proceeds of Criminal Conduct’ in Abuja

BUSINESS2 days ago

Uber Shakes Up Global Operations, Cuts 10% of Workforce, Exits Nigeria and Uganda

secure number one position
FEATURES2 days ago

Police Sack 3 Officers Over Killing of UNIPORT Graduate, Declare Inspector Deserter

Advertisement
Advertisement

z

   


Article Banner