Following his arrest and detention by operatives of the Economic and Financial Crimes Commission (EFCC), the Director, Finance and Account of the Niger Delta Development Commission (NDDC), Mr. Eno Ubi Otu, has opened a can of worms in his explanatories at the commission.
Mr Otu was nabbed and quizzed by EFCC operatives over an alleged fraud of N25billion fraudulently diverted into personal pockets.
The scam was exposed in the course of the forensic audit and NDDC sources told out correspondent that they “knew it would come to this.”
“These are taxes levied on contractors but instead of remitting them to the tax office, they are diverted to the accounts of some powerful persons in the commission and those linked to the commission. We knew that it would one day come to this. It is an age-long practice but it is not limited to NDDC alone. It happens in other government agencies,” a source said.
Otu is alleged to have played key role in the diversion of the over N25billion tax remittances.
The suspect who arrived at the Commission in the early hours of Wednesday, August 24, 2022.
Following the confessions of Mr Out, EFCC is said to make more arrests of top staff of the commission and others linked to the alleged fraud.
