Senate to commence fresh probe over multi-billion naira fraud in NDDC

The Senate has announced plans to commence fresh investigation into the Niger Delta Development Commission, having received fresh fraud allegations against the management of the commission.

The upper chamber said the new financial infractions were not contained in the list of the allegation of N40bn reckless spending which a whistle-blower brought against the NDDC to the parliament recently.

The Senate said the fresh probe would be handled by the Senate Committee on Ethics, Privileges and Public Petitions.

According to PUNCH, the chairman of the panel, Senator Ayo Akinyelure, confirmed the development in Abuja.

Akinyelure said, “There is a petition that has just been sent to my committee by the leadership of the Senate.

“I received it on Tuesday. It is about the alleged fraudulent practices of the acting Managing Director of the Niger Delta Development Commission.

“I will take my time to study the petition. Our committee will invite him as soon as we conclude hearing on the case involving the UBA which is before our committee.

“We will invite the MD to come and explain to the whole world how he allegedly misappropriated billions of funds as the head of the agency.”

Akinyelure, also said the embattled MD would also answer questions about allegations of contract scam against some federal lawmakers.

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