The Managing Director of the Niger Delta Development Commission (NDDC), Dan Abia, has dismissed allegation that N183billion is missing from the account of the commission.
The special periodic check report of the Office of the Auditor-General of the Federation, had claimed that N183.7 billion was unaccounted for by the commission.
According to the MD his hands are clean and that he is ready to defend the allegation with the records available.
"We briefed the president on our mandate." he said "As far as the audited account of the NDDC is concerned,
how many of us know that the audited account under under reference refers to 2008 to 2012.
how many of us know that the audited account under under reference refers to 2008 to 2012.
"I was not the managing director then. Let's get that fact clear. In principle, I came to brief Mr President proper.
"Let me assure you that even by the admission of the Auditor-General, no N180 billion is missing, because Advanced Payment Guarantee (APG), as you know, is governed by advanced payment directives.
"Office of the Auditor General is a government agency, whatever clarification, we shall engage the office and proper record will be strengthened.
"I said that even before the president, no N180b is missing.’’
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