The House of Representatives says it is going to Investigate the North East Development Commission (NEDC), over the disappearance of N100bn from its coffers.
The House made the resolution based on a motion by minority leader, Ndudi Elumelu, on the need to investigate the Commission over alleged misappropriation of N100bn given to it by the Federal Government.
According to Elumelu;
“The NEDC, which was set up to ameliorate the sufferings of the people, is alleged to be enmeshed in serious corrupt practices by the management.
“The House is concerned that the corrupt practices include highhandedness by the Managing Director, Mohammed Goni Alkali; inflation of contracts, awards of non-existent contracts, massive contract splitting and flagrant disregard for the procurement laws in the award of contracts.”
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The House thereafter mandated it’s committees on Finance, Procurement as well as the NEDC to Investigate the allegation and report back to the Reps in 8 weeks.