Senate Insists On NDDC N40Bn Probe

Joseph Bakare

The Senate on Sunday, May 31, resolved not to back down on its probe of the Niger Delta Development Commission (NDDC) for alleged misappropriation of N40 billion by the commission’s Interim Management Committee (IMC).

Senate spokesman, Akinola Bashiru, made the disclosure in a statement in Abuja.

Bashiru also asked the NDDC to provide evidence of alleged corruption by National Assembly members to anti-graft agencies for investigation.

A 7-man ad-hoc committee had been set up earlier in the month; in order to probe the alleged misappropriation of N40billion within three months by the IMC.

Bashiru said no amount of blackmail against the lawmakers or the institution of the National Assembly would stop the ongoing investigations into the financial transactions of the commission.

According to him, the Senate decision to probe the NDDC was not maliciously intended; or aimed at victimizing anyone at the commission.

He said: “The attention of the Senate has been drawn to a statement credited to Dr. Cairo Ojougboh, the Executive Director of Projects at the Niger Delta Development Commission (NDDC); under the Interim Management Committee (IMC).

“Ojuogboh in his statement alleged that Senators and Members of the House of Representatives are behind the fraud in NDDC.

“Ordinarily, while we are still at a loss as to why Ojougboh has repeatedly made such allegations; at a time when the NDDC is under the scrutiny of forensic audit and investigation by the National Assembly; the Senate is even more surprised considering the fact that the allegations are baseless and unsubstantiated.

“Apparently, Cairo Ojougboh is ignorant of the constitutional mandate of the National Assembly; to carry out oversight function overall agencies expending government resources; with a view to exposing and preventing corruption, abuse, and inefficiency.

“It stands logic on the head to claim that by invoking its constitutional power of oversight to investigate the activities of the IMC; the National Assembly intends to scuttle forensic audit. The outlandish claim is illogical.

“While the National Assembly is committed to repositioning the NDDC to address the challenges of the Niger Delta through facilitating the rapid and sustainable development of the Niger Delta; however, it is naturally concerned about the allegations of poor management or outright fraud in the management of the funds and operations of the Commission.”

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