BREAKING: NDDC Fraud: Bank Manager Arrested –

BREAKING: NDDC Fraud: Bank Manager Arrested

Following the NDDC Fraud, Information reaching Ibom Focus says that Bank Manager Arrested

Onumele was arrested in London for allowing himself become a conduit through which officials of the Niger Delta Development Commission siphoned billions of naira into Fidelity Bank.

He has since been brought back to Nigeria to answer for his crimes.

Following his arrest, three ex managing directors of NDDC have been earmarked to be picked up any time soon to equally answer to crimes committed during their reign.

NDDC Fraud

Recall that the government agency has been fraught with reports of monumental fraud which came to light last year, perpetrated by several management staff of the agency since it’s establishment.

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Over the years, about six trillion naira has been fraudulently taken from the agency.

A lot of committees have been set up over the past year to investigate fraudulent activities in the agency. Despite overwhelming evidence from these probes that huge sums of money meant to transform the lives of the people of Niger Delta were stolen, no one has been brought to book till date.

Established in 2000 as an interventionist agency to reduce poverty and foster development by providing access to health services, safe water, roads, tackle environmental degradation, among others, the agency has instead become a cesspool of sleaze and fraud.

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NDDC Fraud


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