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N47 Billion Fraud: EFCC Quizzes, Detains Ex-NDDC MD, Nsima Ekere

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Nsima Ekere, former managing director of the Niger Delta Development Commission (NDDC), is currently in the custody of the Economic and Financial Crimes Commission (EFCC).
Ekere was said to have turned himself in at the agency’s office in Lagos state on Wednesday.
He is reportedly undergoing investigation over allegations of fraud to the tune of N47 billion.
Days before the latest development, Ekere was one of the party stakeholders who received Vice-President Yemi Osinbajo in Akwa Ibom state, when the latter visited Akwa Ibom APC delegates on May 13 to seek their support on his presidential bid.

Ekere was also with Osinbajo when the vice-president visited Cross River to seek the support of APC delegates on his presidential ambition.
According to Premium Times, the circumstances leading to the former NDDC MD’s invitation by the commission is said to be linked to him allegedly benefitting from contract funds from projects dating back to 2017.
Ekere was the MD of the NDDC between 2017 and 2018.

In 2019, President Muhammadu Buhari had ordered a forensic audit of the NDDC’s operations from 2001 to 2019.
While receiving the audit report, Abubakar Malami, attorney-general of the federation, said the federal government was concerned about the way funds have been spent on the region, adding that “approximately N6 trillion” was given to the commission within the period under review.
It is, however, not yet clear if Ekere’s case with the EFCC is linked to the NDDC audit.
The former NDDC MD was the governorship candidate of the All Progressives Congress (APC) in Akwa Ibom state in the 2019 elections, but lost to Emmanuel Udom of the Peoples Democratic Party (PDP).

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