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Police clear ex-NDDC boss, others of N118m fraud allegations

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Police clear ex-NDDC boss, others of N118m fraud allegations

Nsima Ekere, a former deputy governor of Akwa Ibom State and one-time Managing Director of the Niger Delta Development Commission, NDDC, has been found not guilty of conspiracy, diversion, and stealing of N118 million, according to a police report.

Messrs Techsel Products Limited, Idorenyin Ekere, Dr. Aniekan Ekere, and Utibe Ekere were also exonerated by the police report.

Between 2011 and 2014, the affected individuals were accused by one Abasiama Idong of defrauding Akwa Savings & Loans Limited of N118 million.

However, according to a Certified True Copy of the police investigation report signed by Ibrahim Abdul, Assistant Commissioner of Police from the Force Criminal Investigation Department, which was made public on Friday, it was discovered that the alleged missing of N118 million against Nsima Ekere was actually a request made by Lossela Nigeria Ltd. out of its $2.5 million deposit in Akwa Savings and Loans Limited.

The police report also revealed that “Mr. Nsima Ekere did not authorize any payment or close any Akwa Ibom State Government account with Akwa Savings and Loans Ltd. as he had no role to play in the bank.

“Lossela Nigeria Limited has a business relationship with Techsel Products Ltd.

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“That Lossela Nigeria Limited sometime in 2013 requested the payment of one N100m only from their US dollar 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 the NDDC.”

The police further stated that based on the data acquired in their findings, a prima facie case of conspiracy, forgery, and stealing against Mr. Nsima Ekere, Techsel Products Limited, Idorenyin Ekere, and Dr. Aniekan Ekere could not be proven.

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