Breaking news: Former NDDC MD Nsima Ekere arrested over alleged N47bn fraud

Former NDDC MD Nsima Ekere arrested over alleged N47bn fraud

Former Managing Director of the Niger Delta Development Commission (NDDC) Nsima Ekere has been arrested by the Economic and Financial Crimes Commission for alleged diversion of funds to the tune of N47 billion through registered contractors of the agency.

Nsima who was the All Progressives Congress (APC) governorship candidate for Akwa Ibom in the 2019 elections, was the agency’s Managing Director between 2016 and 2018.

His arrest is the latest scandal to have been linked to the NDDC after President Muhammadu Buhari ordered a forensic audit of the agency in 2019. The audit, which is being reviewed, covered the operations of the organisation from 2001 to 2019.

In the build-up to the 2019 elections, Ekere also served as a member of the presidential campaign council for the APC.