SAN FRANCISCO, February 12, (THEWILL) – The Federal Executive Council (FEC) has approved the appointment of a lead consultant for the forensic audit of the Niger Delta Development Commission (NDDC).
The audit process is expected to be concluded within nine months.
Godswill Akpabio, the Minister of Niger Delta Affairs, made announced the development while briefing State House correspondents after FEC meeting presided over by Vice President Yemi Osinbajo on Wednesday.
“The amount is about N318 million and Messrs. Olumuyiwa Bashiru and co were appointed the lead consultant that will handle forensic audit of NDDC as ordered by President Muhammadu Buhari after a request by the nine governors of the Niger Delta region.
“The forensic audit will cover from 2001 all the way down to 2019 and we are going to have other forensic auditors joining the lead; we are treating each of the states as a lot.
“So, likely we are going to have a consortium of about nine other forensic auditors; one of which will be in the head office to handle programmes and financial audit, personnel and all others.
“And that must have an international flavour in case there are monies that may be denominated in the dollar to be recovered after a forensic exercise,’’ he said.