EFCC Arrests NDDC’s Director For Alleged N25bn Fraud

Agents of the Economic and Financial Crimes Commission are currently questioning Mr. Eno Ubi Otu, the Niger Delta Development Commission’s (NDDC) Director of Finance and Account (EFCC).

Otu is being questioned in connection with an allegation that over N25 billion in tax remittances were diverted.

As of the time of publication, the suspect, who entered the Commission in the early hours of Wednesday, August 24, was still being questioned.

The arrest, according to a source who spoke to The Star, was a component of a bigger probe into the NDDC’s forensic audit report.

Wilson Uwujaren, the Commission’s spokesman, could not be reached for comment.

Details to come…