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Fraudulent transfer of $40m by NDDC Executive Director :
Group insists on probe
Newsdiaryonline Fri June 24,2011
Pastor P. Aginighan
The Society for Good Governance which is the reputable
non-governmental organization that blew the whistle on the
monumental fraud involving illegal transfer and misappropriation
of huge sum of money by the Executive Director, Finance and
Administration of the Niger Delta Development Commission NDDC),
Pastor Power Z.
Aginighan, has insisted on the allegation they made recently in
the media which exposed the unauthorized and fraudulent transfer
of Forty Million Dollars ($40M), equivalent to Five Billion, Six
Hundred Million Naira (N5.4bm) in one of the leading Commercial
Banks in Nigeria.
The group, in a press release yesterday, called on Nigerians not
to be misled by the hypocrisy of some media networks which have
thrown integrity to the dustbin and sold their conscience by
erasing the story and then supplanting it with a clever
retraction. The
group wondered how the fight against corruption could be
sustained if those entrusted with exposing such ills can renege
so easily.
The group’s National Coordinator, Dr. Hannicks Nkem Owhor
regretted the disappearance of such invaluable story that was
supposed to play a leading role in sanitizing the rot that has
been perpetuated in the Niger Delta Development Commission by
the likes of Pastor Power Aginighan.
According to the National Coordinator, “In objective
journalism, even if a story is controversial, the views or
opinions of the two sides should be allowed to meet the
appreciation and judgement of the reading public and also the
relevant agencies who have the responsibility to investigate the
matter so as to determine its veracity or otherwise.”
The group insisted on standing by their story which they said
had empirical facts like account numbers, amount of money
involved, name of the bank, date and time of the fraud, they
urged the federal government not to ignore the story, promising
that they would pursue the matter they have raised to a
meaningful conclusion.
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