EFCC Arrests NDDC’s Account Director Over N25bn Fraud

Kachi August 25, 2022

The Economic and Financial Crimes (EFCC) has arrested the Director, Finance and Account of the Niger Delta Development Commission (NDDC), Eno Ubi Otu.

Otu was arrested by operatives of the commission at about 11:15 am in a case of alleged diversion of over N25 billion in tax remittances.

A source at the anti-graft agency who spoke with Daily Trust on condition of anonymity disclosed that Otu is still in custody.

The official noted that Otu was arrested as part of a larger investigation of the forensic audit report of the NDDC.

At the time of filing this report, there are no indications if Otu would be released by the commission after grilling.

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