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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the former Managing Director of the Niger Delta Development Commission (NDDC) Nsima Ekere on Wednesday.

It was reported that the anti-graft agency arrested the former NDDC boss for alleged diversion of funds to the tune of N47 billion through registered contractors of the agency.

The Commission’s spokesperson Wilson Uwajaren who disclosed this said the audit, which is being reviewed, covered the operations of the organisation from 2001 to 2019.

In 2019, Ekere was the All Progressives Congress (APC) governorship candidate for Akwa Ibom, he had earlier lost the People’s Democratic Party (PDP) gubernatorial primary election to Governor Emmanuel Udom in 2015.

The 56-year-old was the agency’s Managing Director between 2016 and 2018.

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Earlier, President Muhammadu Buhari who lamented the alleged financial misappropriation in the NDDC vowed his government will recover “every kobo” misappropriated.

Buhari, while commissioning the NDDC Prototype Hostel at the University of Uyo, Akwa Ibom, said “The serial abuse, lack of delivery, and what had become an entrenched institutional decay was the reason why I called for the forensic audit.

“Therefore, going forward we shall ensure every recoverable kobo, is recovered for use in service of the people of this region, and those found culpable shall face the Law.”

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