Former Chief Executive Officer of the Nigerian Investment Promotion Commission, Yewande Sadiku has been cleared by the Independent Corrupt Practices and Other Related Offences Commission of all allegations of corruption and fraud.
This was disclosed in a letter titled, “RE: Request For Status Update On Investigative Activities”, dated December 16, 2021. The letter was signed by Akeem Lawal, ICPC’s Director of Operations and addressed to the Chief Executive Officer of the NIPC.
The ICPC stated that it had earlier received a petition against Ms Sadiku, and some other officials of the NIPC.
The allegations in the petiton, according to the Commission, include the following:
- Fraudulent abuse of office, waste and mismanagement of public funds by the Executive Secretary of the NIPC through tours ad travels within and outside Nigeria without adding value to the Commission.
- The Executive Secretary of the NIPC embarked on foreign trips without express approval of the Governing Council of the Commission
- The Executive Secretary of NIPC used the COmmission’s fund to repair her damaged vehicle.
- The Executive Secretary is receiving illegal foreign leave allowance.
The commission however noted that “upon investigation, none of these allegations was established, and the striking out of the suit No FAC/ABJ/CS/249/2019 by his Lordship Hon. Justice A.R. Mohammed of the Federal High Court of Nigeria, Abuja Division brings the investigation to a close.”
What you should know
- On Monday, August 9, 2021, Ms Sadiku voluntarily honoured an invitation by the Economic and Financial Crimes Commission to respond to the issues raised.
- She was neither detained nor arrested as was reported in a section of the media.
- Sadiku, who was appointed executive secretary/CEO of NIPC in 2016, completed her five-year tenure in September 2021.
