Alleged N25bn Fraud: EFCC Picks Up NDDC’s Account Director Benin City

August 25, 2022.

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the director, Finance and Accounts of the Niger Delta Development Commission, NDDC, Mr. Eno Ubi Otu. Reports say he was arrested in connection with the alleged diversion of over N25n tax Remittances and is currently being grilled by the agency.

An EFCC source disclosed that Otu’s arrest, which commenced at the early hours of Wednesday, is part of general investigation of NDDC’s forensic audit report.

He is expected to provide details of how the N25 billion was looted, shared among beneficiaries.

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