N3.7b stolen NDDC cash recovered - The Nation Nigeria

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N3.7b stolen NDDC cash recovered - The Nation Nigeria
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Over N3.7 billion and other assets have been recovered from former directors and contractors of the Niger Delta Development Commission (NDDC), President Muhammadu Buhari said on Tuesday.

Over N3.7 billion and other assets have been recovered from former directors and contractors of the Niger Delta Development Commission , President Muhammadu Buhari said on Tuesday.

President Buhari last year ordered a forensic audit of the NDDC and ratified the constitution of an Interim Management Committee to oversee the probe. The President told the committee that the abuses underscored the need for strict and diligent oversight, going forward. The President, however, expressed regret that in the past, these institutions were unable to deliver their mandates due to mismanagement, resulting in abandoned projects and substandard social programmes.

Speaking on behalf of the advisory committee members, Delta State Governor Ifeanyi Okowa thanked the President for granting Southsouth governors’ request for a forensic audit of the NDDC.

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