Minister of Niger Delta, Mr. Godswill Akpabio,
By Our Reporter
Minister of Niger Delta, Mr. Godswill Akpabio, has said that senior officials of the Niger Delta Development Commission, NDDC, cashed out N4billion from the account of the NDDC in one day, in what appears to be a contract splitting.
Akpabio told the investigating panel of the House of Representatives probing the finance of the NDDC that officials of the NDDC were in the habit of splitting contracts above their approval limits, making it difficult for the Ministry to supervise most of the contract payments.
He also accused members of the National Assembly of being the beneficiaries of most of the contracts awarded at the NDDC.
The Minister also told the panel that before he took office, the commission had over 300 bank accounts.
Details coming
