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EFCC Probes Alleged Diversion of N7.5 Billion by NSCDC

The investigation, spanning a period of five days, has reportedly uncovered a trail of funds leading to Bureau de Change operators (BDCs).

The  Economic and Financial Crimes Commission (EFCC) is currently conducting an investigation into the alleged diversion of N7.5 billion by contractors associated with the Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Abubakar Audi.

The investigation, spanning a period of five days, has reportedly uncovered a trail of funds leading to Bureau de Change operators (BDCs). These operators, linked to the contractors, have been summoned and interrogated by EFCC operatives.

According to the source, payments totaling N2 billion were allocated to three major contractors, each owning five companies. Each contractor allegedly received a retention fee of 5%. Letters of invitation have been dispatched to these contractors for further questioning.

However, one contractor, identified as a woman who received over N1 billion, has been evading interrogation. It was discovered that all funds disbursed to her were converted to USD.

The investigation took a significant turn when contractors provided crucial information leading to the recovery of approximately N1 billion. This sum was reportedly given to them by Audi to circumvent the EFCC's inquiries.

Despite facing pressure from EFCC operatives, contractors have expressed their willingness to cooperate, citing the professionalism of the investigators and their access to comprehensive records.

In a surprising development, contractors are reportedly planning a protest at the National Security Adviser's office, seeking intervention, as they believe he is the only senior official who can facilitate communication with the Commandant General.

Furthermore, it was revealed that certain payments earmarked for election-related activities were allegedly diverted, resulting in underpayment of staff compared to counterparts in sister agencies.

The EFCC has sent formal invitations to several NSCDC officers slated for questioning starting from May 2, 2024. Among those scheduled to appear are Victor Olanrewaju Fayemi, Anthony Akpan Uwen, Patrick Babatunde, Comfort Danladi, Akibo Michael Olusola, Umaru Usman Karshi, Adewale Kukoyi, Joseph Ajayi Ibitulo, A.A. Jonathan, and Paul Ahepa.

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