EFCC arraign NDDC’s Account Director, Eno Ubi Otu for N25bn fraud
Currently being interrogated by the Agents of the Economic and Financial Crimes Commission (EFCC) is Eno Ubi Otu, a Director of Finance and Account of the Niger Delta Development Commission (NDDC) for N25 billion fraud.
Otu was reportedly detained by anti-graft agency investigators at around 11:15 am in connection with an investigation into the alleged diversion of over N25 billion in tax payments, according to news reports.
According to a source at the Commission, the NDDC official was still with the operatives at 7:15 p.m.
According to reports, Otu’s detention is a component of a bigger probe into the NDDC’s forensic audit report.
Wilson Uwujaren, the EFCC’s spokesperson, could not be reached for comment.
The NDDC’s operations from 2001 to 2019 were the subject of a forensic examination that President Muhammadu Buhari requested in 2019.
In July 2022, Buhari declared that his administration had begun moving in the direction of the suggestions made in the NDDC forensic audit report that had been sent to him in September 2021.
He also sparked optimism for the Commission’s eagerly anticipated appointment of a board of directors.
Additionally, Buhari advised the residents of the Niger Delta to maintain calm conditions that wouldn’t endanger the region’s ongoing construction projects.
The President conveyed his remarks at the start of a two-day management retreat hosted by the Ministry of Niger Delta Affairs in Abuja’s Old Banquet Hall.
