The Senate Committee on Niger Delta has announced the discovery of N15 Billion that was paid out by the Niger Delta Development Commission (NDDC) for projects that were nonexistence or not carried out in both Ondo and Bayelsa states.
The committee has therefore resolved to dig more into the financial transactions of the company from 2000 to date.
Chairman of the committee, Senator Peter Nwaoboshi, said in Uyo, the Akwa Ibom State capital that the commission paid out N3.9 billion for a non-existent project said to be ongoing in Ondo State.
The NDDC was said to have also doled out a whooping N10.8 billion for contracts in Bayelsa state that were never executed, and the contractors nowhere to be found.
Nwaoboshi’s committee which is currently on an inspection tour of NDDC projects in the Niger Delta region, as part of its oversight functions said they are determined to get to the bottom of the sleaze.
He lamented that a number of such deals were carried out between the NDDC and some fake contractors, in which several billions of naira were allocated and paid out to non-existent contractors for unidentifiable projects across states of the oil rich region.
He said that the commission had hid the projects and the amounts paid from the documents submitted before his committee during the 2016 budget defence, and that they uncovered the sleaze though private investigations.
He therefore called on the Economic and Financial Crimes Commission (EFCC) to arrest and prosecute those found culpable in the contract scam, and to ensure that all the monies running into several billions of naira allegedly stolen from the commission since inception are recovered.
Nwaoboshi, said there is a need to carry out a thorough and prompt probe of the NDDC since inception because it had embarked on “nasty projects” that were not useful to the people, even as he disclosed, that the committee had already engaged the services of consultants and external auditors, including chartered accountants to probe the accounts of the NDDC, beginning from 2000.
He further declared that the committee would launch an investigation into the multi-billion naira anti-retroviral (ARV) drugs purchased by the commission without subsequent distribution to the beneficiaries until they were found to have expired.
“A holistic investigation of the commission from 2000 will start soon. The question is, nobody is here to witch- hunt anybody. For the projects that are completed, we will give our recommendations and even recommend them for further jobs from the NDDC. I think we have only seen two completed jobs so far since we came here; all others are abandoned ones.” [myad]
