Niger Delta Development Commission dismisses allegations on missing Funds

The Niger Delta Development Commission- NDDC has dismissed as untrue allegations that N183.7 billion naira of the commission was missing.

Executive Director, Finance and Administration of the commission, Henry Ogiri who spoke at Ahoada West local government area of Rivers state, said the allegation of missing funds contained in the report of the Auditor General of the Federation , Samuel Ukura to the National Assembly was allegedly premature and misinforming.

Dismissing the report as misleading and untrue, Ogiri said it tended to portray the current management as being responsible for the missing money when in fact the period covered by the report is 2008-2012, and explained that the commission is already putting together the responses to the queries which were directed to a period before the current administration.

Ogiri maintained that the current management is quite capable of giving a proper account of the Commission’s finances based on available records.


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