Senate seeks sack of NDDC IMC, refund of N4.9billion | The Nation News

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Alleging massive financial recklessness in the intervention agency, the Senate recommended to President Muhammadu Buhari the sack of the Interim Management Committee (IMC) of the organisation.

Panel proposes invitation of anti-graft agenciesAlleging massive financial recklessness in the intervention agency, the Senate recommended to President Muhammadu Buhari the sack of the Interim Management Committee of the organisation.

“This may have been done to lower the approval threshold, thereby avoiding control measures that would have queried the transaction,” he said. “There are assertions of blackmail by the NDDC against members of the National Assembly on the subject of procurement process. This must be investigated by the Senate Committee on Ethics, Privileges and Public Petitions and report back in four weeks with a view to stop the practice,” the report added.

“The review must bring order to the workings of the management and their control of the organisation.“In order to ensure that the forensic audit achieves the purpose for which it is set up and inspire confidence in the operational and financial processes of NDDC oversight of the audit should be transferred to the Office of the Auditor General of the Federation.

It said it also found that N164.2 million was spent by union members on trip to Italy and another N105.5 million spent on scholarship grants. Though two separate IMCs superintendent over the Commission during the period, the current one headed by Professor Pondei, which assumed office on the February 19, expended about 90 per cent of the funds of the agency in frivolous and questionable manner.

“The three members of the Interim Management Committee received the highest amount of N14.2 million each. “It therefore raises suspicion requiring explanations why proxies were used to pay this allowance while salaries were paid directly to beneficiaries. “What is of interest here to the Committee is the existence of a Human Resources personnel, Mr. Walter Ibarakubuaye Innocent, an Assistant Manager in Human Resources on level 10, who gets paid amounts ranging from N100,000 to N1.5 million for facilitation each time there is a bereavement of interest to NDDC.”

 

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