Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • N40bn probe: Acting NDDC MD, others walks out on lawmakers,  accuse committee Chair of graft  
  • Breaking News
  • National News

N40bn probe: Acting NDDC MD, others walks out on lawmakers,  accuse committee Chair of graft  

Admin July 16, 2020

The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei and his team on Thursday, walked out on lawmakers at an investigative hearing put together by the House of Representatives over the alleged N40 billion irregular expenditure in the commission.

Pondei stormed out of the hearing  after accusing the Chairman of the committee Rep. Olubumi Tunji-Ojo (APC-Ondo) of corruption and refusing to make presentations before the House Committee on NDDC.

According to Pondei, the Commission cannot partake in an investigative hearing which is being presided over by the chairman of the committee who has been accused by the NDDC of hijacking the Commission’s projects.

Professor Pondei was of the opinion that the NDDC will not get a fair hearing

“We in the NDDC are not comfortable with the Chairman of this committee, presiding over a matter”.

“He is an accused party, the NDDC has over time accused Rep. Olubumi Tunji-Ojo of different crimes against the NDDC and he has responded in the press”.

NDDC
House of Representatives

“He is an intrested party and we do not believe that the NDDC can have justice because he cannot seat on his own case.

“We have no issue of appearing, we appeared before the Senate ad hoc committee and as long as he reminds, we will not make any presentation,” he said.

Following the NDDC’s action, the committee resolved to issue a warrant of arrest compelling Professor Pondei to appear before the lawmakers and make a proper submission.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Chairman NDDC Olubumi Tunji-Ojo Senate

Post navigation

Previous Experts concerned about Twitter’s security as company confirms hackers took control of employee credentials to hijack accounts
Next Coronavirus: Bangladesh Police nabs hospital owner over fake results 

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd PIA
  • Business & Economy

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd

July 21, 2026
Father Sues 27-Year-Old Daughter Over Marriage Delay Ecommerce
  • Metro News

Father Sues 27-Year-Old Daughter Over Marriage Delay

July 21, 2026
Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.