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‘Security Agency’ Reportedly Coercing Int’l Oil Firms To Pay NDDC’s 3% Revenue Into Private Account In London

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Forensic Audit





The Niger Delta Development Commission (NDDC) on Friday, raised the alarm that an undisclosed security agency was allegedly directing International Oil Companies to pay three percent of its revenue to a private account in London.

NDDC, in a statement by Prof. Kemebradikumo Pondei, its Acting Managing, on Friday in Abuja, says it is only in its CBN Offshore Account that international oil companies can pay their monies into.

According to Pondei, the clarification has become necessary to guide members of the public, especially international oil companies from being duped.

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He said this was especially so as a certain security agency was coercing international oil companies into paying three per cent revenue of their commission into a private account in London.

“It has come to the attention of the Management of the Niger Delta Development Commission, (NDDC), that a certain security agency is coercing international oil companies into paying 3 percent revenue of the Commission into a private account in London and the security agency’s account in London.

“Kindly note that it is only the account of the NDDC in the Central Bank of Nigeria’s offshore account that such monies can be paid into.

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“Any company that has paid as directed by the security agency should immediately contact Barrister Clever Okoro, the Director, Legal Services of the NDDC on +234 81 3011 7590”.

Jaro Egbo
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