The axe is all set to fall on three ex managing directors the Niger Delta Development Company for their roles over the years in the siphoning of billions of naira that should have translated into the welfare of the citizens of that region.
The MDs who have been earmarked to be picked up any time soon will answer to crimes committed during their reign.
Recall that the government agency has been fraught with reports of monumental fraud which came to light last year, perpetrated by several management staff of the agency since it’s establishment.
Over the years, about six trillion naira has been fraudulently taken from the agency.
A lot of committees have been set up over the past year to investigate fraudulent activities in the agency. Despite overwhelming evidence from these probes that huge sums of money meant to transform the lives of the citizens of Niger Delta were stolen, no one has been brought to book till date.
Established in 2000 as an interventionist agency to reduce poverty and foster development by providing access to health services, safe water, roads, tackle environmental degradation, among others, the agency has instead become a cesspool of sleaze and fraud.
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