Alleged N118m Fraud: Police Investigation Clears Ex- NDDC MD, Others
A Police Investigation Report has cleared the former Managing Director of the Niger Delta Development Commission (NDDC), Mr Nsima Ekere, of allegations bothering on conspiracy, diversion and stealing of the sum of N118 million levelled against him by one Abasiama Idong.
According to a report by DailyPost, also cleared by the Police report are Messrs Techsel Products Limited, Mr Idorenyin Udo Ekere, Dr Aniekan Udo Ekere and Utibe Idorenyin Ekere.
DailyPost recalled that Idong had dragged the former NDDC boss, who is also a former Deputy Governor of Akwa Ibom State, to the Police and the Economic and Financial Crimes Commission, EFCC, accusing him of conspiring and defrauding Akwa Savings and Loans Limited to the tune of N118 million.
However, Ekere was cleared of the allegations in a Certified True Copy of the Police Investigation Report signed by an Assistant Commissioner of Police from the Force Criminal Investigation Department, Ibrahim Abdul, and made available to journalists on Friday.
Parts of the report read, “That Mr Nsima Ekere did not authorize any payment nor close any Akwa Ibom State Government account with Akwa Saving and Loans Ltd as he had no role to play in the bank.
“That Lossela Nigeria Limited has business relationship with Techsel Products Ltd.
“That Lossela Nigeria Limited deposited $2,500,000 US Dollars with Akwa Savings and Loans Limited. That the money was transferred through Sterling bank where Lossela maintained a domiciliary account.
“That Lossela Nigeria Limited sometimes in 2013 requested for the payment of one hundred million naira (N100,000,000) only from their US Dollars deposit with Akwa Savings and Loans Limited. That the money was credited into Techsel Products Ltd account with Akwa Savings and Loan Ltd based on a written instruction from Lossela Nigeria Ltd.
“That there was no visible illegal transaction between the suspects, “Techsel Products Nigeria Ltd” and Lossela Nigeria Ltd” as alleged.
“That the petition is a calculated attempt to smear and ridicule the political ambition of Mr. Nsima Ekere, who is also a former MD of NDDC.”
The Police report further noted that based on the facts gathered in the findings, a prima-facie case of conspiracy, forgery and stealing cannot be established against Ekere, MessrsTechsel Products Limited, Mr Idorenyin Udo Ekere and Dr Aniekan Udo Ekere, as alleged.