NDDC Director of finance arrested by EFCC over N25bln fraud

 

 

A Director of Finance and Accounts  Eno Ubi Otu, of the Niger Delta Development Commission (NDDC), is currently being grilled by operatives of the Economic and Financial Crimes Commission (EFCC).

 

 

 

A report on Daily Trust revealed that Otu was arrested by the detectives of the anti-graft agency at about 11:15 am in a case of alleged diversion of over N25 billion in tax remittances.

 

 

 

 

A source at the Commission told the publication that the NDDC official was still with the operatives as of 7:15 pm.

 

 

 

Otu’s arrest is reportedly part of a larger investigation of the forensic audit report of the NDDC.