x

NGO calls on ICPC to investigate NCDMB over alleged financial misappropriation

A non governmental orgsnisation (NGO), the Center for Fiscal Transparency and Integrity watch, has called on the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged misappropriation of 9.9 billion naira (approxinately 6.6 million USD) by the Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB) Engr. Felix Omatsola Ogbe.

The call is contained in a petition written by the NGO to the ICPC and obtained by our correspondent.

The NGO is also accusing the ES of approving the sum of 503 million naira for a workshop in London and also disbursing more than 400 million naira for an end-of-year party.

It also alledged that the sum of 9.9 billion naira (approximately 6.6 million USD) was authorized for consultancy services without following the appropriate legal and financial processes.

These funds according to the NGO were disbursed through the Central Bank of Nigeria (CBN) to a consultant, with no clear documentation or evidence that the consultant had met the criteria for receiving such a large financial outlay.

The statement noted that the ES actions, “violated procurement laws, regulations established under the Nigerian Content Development and Monitoring Board Act, and the Public Procurement Act”.

These actions according to the petition are serious infractions and call to question the need to assess the implications for fiscal responsibility, transparency, and accountabilty.

Hot this week

NOA, NAFDAC,FCCPC Flag- Off Joint Campaign Against Sachet Alcoholic Drinks

By Joyce Remi- BabayejuIn a collaborative effort, the National...

Rescued Kidnap Victim Gives Birth to Twin Girls at IDP Camp in Kogi

From Noah Ocheni, LokojaThe Kogi State Government has confirmed...

Gunmen Kill Two, Abduct 12 in Attack on Kaduna Community

Suspected bandits have killed two residents and abducted 12...

NOA, NAFDAC,FCCPC Flag- Off Joint Campaign Against Sachet Alcoholic Drinks

By Joyce Remi- BabayejuIn a collaborative effort, the National...

A’Ibom clears N39bn inherited bank debts

By Ogenyi Ogenyi, UyoAkwa Ibom State government has said...

AI firm raises $30,000 from Pre-Seed Funding in Nigeria,UK

By Ogenyi Ogenyi,UyoA Nigerian artificial intelligence startup, building automation...

Cristiano Ronaldo Departs Saudi Arabia for Madrid Amid Regional Tensions

Al-Nassr captain Cristiano Ronaldo has reportedly left Saudi Arabia...

Emmanuel Anosike Emerges Anambra APC Chairman

A former senator representing Anambra North, Emmanuel Anosike, has...

Tinubu Nominates Taiwo Oyedele as Minister of State for Finance

President Bola Tinubu has nominated Dr. Taiwo Oyedele as...

Related Articles

Popular Categories

spot_imgspot_img