The Financial and Monetary Crimes Fee (EFCC) has arrested a former managing director of the Niger Delta Improvement Fee (NDDC), Nsima Ekere, for alleged diversion of funds to the tune of N47 billion by means of registered contractors of the company.
Nsima, 56, who was arrested on Wednesday, was the interventionist company’s managing director between 2016 and 2018.
That is coming few days after the EFCC arrested Ahmed Idris, Accountant Common of the Federation over alleged N80billion fraud.
EFCC spokesperson, Wilson Uwujaren, confirmed the arrest to LEADERSHIP on Wednesday evening.
The previous NDDC boss was the All Progressives Congress (APC) governorship candidate for Akwa Ibom State within the 2019 elections.
He additionally misplaced the Folks’s Democratic Social gathering (PDP) gubernatorial main election to Governor Emmanuel Udom in 2015.