• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

ICPC moves against NDDC top management over corruption allegations, quizzes directors

Chike Olisah by Chike Olisah
August 29, 2020
in Politics
ICPC, corruption, NDDC, Reps order arrest of Ag MD NDDC
Share on FacebookShare on TwitterShare on Linkedin

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has interrogated the top management staff of the Niger Delta Development Commission (NDDC) over allegations of numerous acts of corruption.

Some of those corruption allegations include diversion of funds, procurement fraud, and misappropriation of the agency’s COVID-19 funds.

READ: NDDC probe: House of Reps to sue Akpabio for perjury

RelatedStories

ICPC, Pension Directorate to sign MoU to tackle pension fraud in Nigeria 

ICPC, Pension Directorate to sign MoU to tackle pension fraud in Nigeria 

May 15, 2025
NDDC

Niger Delta Development Commission warns Nigerian scholarship applicants against fake verification exercise in Lagos 

May 5, 2025

The disclosure was made in a press statement which was issued by the ICPC on Saturday, August 29, 2020.

Some of the directors of NDDC were interrogated at the Commission’s headquarters recently, after months of intelligence gathering, following the receipt of petitions from Nigerians on the alleged illegalities and contract fraud by some officials of the agency.

The statement pointed out that top officials of the agency are being investigated for their complicity in an alleged diversion of N5.474 billion meant for the purchase of Personal Protective Equipment (PPE) for health workers handling the COVID-19 pandemic in the 9 states of NNDC.

READ: FIRS moves to stop tax evasion with newly launched intelligence system 

The Commission is also investigating the payments of millions of naira to the staff of the agency for foreign training during the COVID-19 full lockdown which were never attended, as well as the non-payment of entitlements to students on foreign scholarships.

The ICPC is investigating other allegations like, the selling of back-dated contract award letters for projects and award of contracts that were not captured in the budget of the NDDC.

The corruption agency had already retrieved relevant documents that would aid its investigations towards the recovery of diverted funds and prosecution of breaches of the law.


Follow us for Breaking News and Market Intelligence.
Tags: ICPCIndependent Corrupt Practices and other Related Offences CommissionNDDCNiger Delta Development CommissionNigeria News
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

ICPC, Pension Directorate to sign MoU to tackle pension fraud in Nigeria 
Business News

ICPC, Pension Directorate to sign MoU to tackle pension fraud in Nigeria 

May 15, 2025
NDDC
Business News

Niger Delta Development Commission warns Nigerian scholarship applicants against fake verification exercise in Lagos 

May 5, 2025
Robust frameworks needed for transparent local government fund management in Nigeria – ICPC 
Politics

Robust frameworks needed for transparent local government fund management in Nigeria – ICPC 

April 4, 2025
ICPC , REA , Abubakar Abdullahi Sambo
Education

ICPC re-arraigns Professor Igbinoba over alleged degree peddling and forgery in Benin 

April 4, 2025
ICPC , REA , Abubakar Abdullahi Sambo
Business News

ICPC arraigns ex-Foreign Affairs Ministry deputy director for allegedly diverting N5.3 million retreat funds 

March 28, 2025
ICPC , REA , Abubakar Abdullahi Sambo
Legal & Regulations

ICPC recommends technology in fight against alleged corruption in Nigeria Immigration Service

March 21, 2025
Next Post
Why we experienced profit declines- Guinness Nigeria

Guinness Nigeria finding it hard to refinance its loans due to dollar scarcity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Trump announces plans to impose 50% tariff on EU imports from June 1 over stalled trade negotiations 
  • EU launches agribusiness platform to drive inclusive growth and food security in Nigeria’s agriculture 
  • Kredete launches Africa’s First Stablecoin-Backed Credit Card 

Follow us on social media:

Recent News

Trump halts tariff hikes on most trade partners, raises China duties to 125% 

Trump announces plans to impose 50% tariff on EU imports from June 1 over stalled trade negotiations 

May 23, 2025
EU allocates €510 million for humanitarian aid in Nigeria, other Sub-Saharan African nations 

EU launches agribusiness platform to drive inclusive growth and food security in Nigeria’s agriculture 

May 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics