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

Manchester City F.C. & Crystal Palace F.C.: Could They Still Play in Gameweek 31?

As things currently stand, Manchester City and Crystal Palace...

Court Adjourns El-Rufai’s Arraignment to April 23 Over Custody Issue

The Federal High Court in Abuja has adjourned the...

Olukoyede Warns Real Estate Managers against Money Laundering

By Francis WilfredThe Executive Chairman of the (EFCC), ,...

FG Pledges Action on Environmental Challenges in Oil-Producing Communities

By Francis WilfredThe Federal Government has reaffirmed its...

Mercy Johnson-Okojie and Daughter Purity Lead Girls Tag: Advancing Women’s Empowerment Through Period Care

Across Nigeria, conversations about gender equality and women’s empowerment...

Policie nab child abductor in A’ibom

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has arrested...

Bayelsa NUJ Commends Diri’s Appointments, Seeks Urgent Action on Power Supply

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

CBN RATE CUT OF 26.5: VOICES, UPSETS AND PROSPECTS

Adefolarin A. OlamilekanArguably, the latest 26.5% Central Bank of...

COCSON Defends Umahi, Urges Due Process in Sowore Confrontation

The Coalition of Civil Society Organisations in Nigeria (COCSON)...

Senate Rejects Opposition Call to Amend Electoral Act 2026

The Senate has dismissed calls by opposition leaders for...

Related Articles

Popular Categories

spot_imgspot_img