EFCC Embezzlement Probe Exposes Alleged N7.5 Billion Diversion by NSCDC Contractors

An ongoing investigation by the Economic and Financial Crimes Commission (EFCC) has uncovered 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 over five days, has identified the entire amount, which was disbursed to contractors’ accounts and linked to Bureau De Change (BDCs). These BDCs have been summoned and interrogated as part of the ongoing probe.

It was revealed that payments were made to a total of 20 contractors, with three major contractors receiving a substantial sum of N2 billion, each owning five companies. Each contractor reportedly received a retention fee of 5%. Letters of invitation have been dispatched to these contractors, with most already interviewed by the EFCC. However, one female contractor, who received over 1 billion, has evaded questioning, and it was discovered that all funds were converted to USD.

EFCC Works on the Recovery of Funds and Pressure on Contractors

Despite attempts to evade questioning, contractors involved in the alleged diversion have begun cooperating with investigators. Useful statements from these contractors have led to the recovery of approximately N1 billion, which was handed to them by the NSCDC Commandant General to evade investigation. The contractors have expressed facing significant pressure from the EFCC, acknowledging the professionalism and thoroughness of the operatives leading the investigation.

Furthermore, contractors are contemplating seeking assistance from the National Security Adviser (NSA), as they believe he is the only senior official capable of facilitating communication with the Commandant General. They allege that jobs were executed on their behalf without their knowledge by the Director of Procurement, Victor Fayemi, and Anthony Akpan. The contractors claim to have sent individual account numbers, which were later identified by investigators as belonging to BDCs.

NSCDC’S Contractors Under Scrutiny and Allegations of Payment Irregularities by EFCC

Among the contractors under EFCC scrutiny is the Managing Director of Absolute Solutions, Cerise Ltd, and BNT Arm, who has allegedly received payments since the assumption of office by the NSCDC Commandant General in 2021. These payments were reportedly exchanged through BDCs, with contractors informed that jobs were executed on their behalf. Another contractor, Sotitrech Computers, and Jikol Multipurpose, also received substantial payments and allegedly made refunds through a specific BDC.

Observations at the NSCDC revealed that payments were intended for previously executed jobs, yet the contractors had not been compensated. The goods supplied by the main contractors for these jobs are reportedly available in stores, indicating a discrepancy in payment. Additionally, concerns have been raised regarding payments allocated for elections, with NSCDC staff reportedly being underpaid compared to their counterparts in other sister agencies.

EFCC’s Invitation to NSCDC Officers for Questioning

In a significant development, the EFCC has issued invitations to officers of the Nigeria Security and Civil Defence Corps for questioning. The scheduled questioning, set to commence from 2nd May 2024, includes prominent officers such as Victor Olanrewaju Fayemi, Anthony Akpan Uwen, and others. This move signals a widening scope of the investigation into the alleged financial irregularities within the NSCDC.

The officers summoned by the EFCC represent various ranks within the NSCDC hierarchy, indicating a thorough examination of the organization’s financial operations. The invitation of these officers underscores the seriousness of the allegations and the determination of the EFCC to uncover any potential wrongdoing. As the investigation progresses, more revelations are expected to emerge regarding the alleged diversion of funds and possible collusion within the NSCDC.

Implications and Fallout Within the NSCDC

The unfolding investigation and revelations have significant implications for the Nigeria Security and Civil Defence Corps, its leadership, and contractors involved. The allegations of financial impropriety and diversion of funds threaten to tarnish the reputation of the organization and erode public trust in its operations. The involvement of high-ranking officers and contractors in the alleged scheme underscores the need for transparency and accountability within government agencies.

Internally, the NSCDC is likely to face scrutiny and internal investigations to address any systemic failures that facilitated the alleged financial irregularities. The fallout from the EFCC’s investigation may lead to disciplinary actions, suspensions, or even dismissals of implicated officers and contractors. Moreover, the NSCDC may be compelled to implement reforms and strengthen its oversight mechanisms to prevent similar occurrences in the future and restore public confidence in the organization.

Calls for Transparency and Accountability Within the NSCD

Amidst the ongoing investigation and revelations of financial misconduct, there are growing calls for transparency and accountability within the NSCDC and other government agencies. The need for robust internal controls, oversight mechanisms, and adherence to procurement protocols is paramount to prevent abuse of public funds and corruption. Stakeholders, including civil society organizations and the public, demand swift and decisive actions to hold accountable those found responsible for financial irregularities.

The EFCC’s investigation serves as a reminder of the importance of institutional integrity and the rule of law in combating corruption and ensuring good governance. It highlights the role of law enforcement agencies in investigating and prosecuting cases of financial malfeasance, irrespective of the individuals or institutions involved. Moving forward, sustained efforts to promote transparency, accountability, and ethical conduct are essential to safeguard public resources and uphold the integrity of Nigeria’s public institutions.