*Ekere accused of defrauding Akwa Saving and Loans Limited
* Bank petitions EFCC, Demands Prosecution

Nsima Ekere, the managing director of the Niger Delta Development Commission, NDDC, is embroiled in another massive financial scandal in which a bank has dragged him to the Economic and Financial Crimes Commission, EFCC, demanding a refund of N188 million and prosecution for financial misdeeds.

The alleged fraud dates back to when Nsima Ekere was deputy governor of Akwa Ibom State from May 2011 to October 2012 when he unceremoniously resigned to avoid impending impeachment. According to the bank, the former deputy governor illegally withdraw money from 9 bank accounts belonging to the state government and diverted them to an Ekere family company.

Ekere is also involved in a financial scandal in which a court froze all his accounts in Nigerian banks and ordered the forfeiture of his Ewet Housing property. The details of the case cast the picture of a troubling level of personal financial recklessness.

In a petition exclusively obtained by The Trent titled “PETITION ON FINANCIAL CRIMES AGAINST MR. NSIMA EKERE, MESSRS TECHSEL PRODUCTS LIMITED, MR. IDORENYIN UDO EKERE, DR. ANIEKAN UDO EKERE AND UTIBE IDORENYIN EKERE”, copies of which were sent to the Economic and Financial Crimes Commission, EFCC, and other security agencies, the petitioners describe Ekere’s actions as “unconscionable financial crimes” and accuse the NDDC boss of “unlawfully and fraudulently siphoning” the sum of N188 million from the Akwa Ibom State government account.

The petition is signed by Abasiama Idiong, the company secretary of Akwa Savings and Loans Limited, “a bank incorporated under the laws of the Federal Republic of Nigeria, having its Head Office in Uyo, Akwa Ibom State”.

FOR MORE: http://witnessngr.com/nddc-boss-nsima-ekere-in-n188-million-fraud-scandal-efcc-petitioned/

Na wa for this country

Another scandal that will end up beneath the carpet. APC well done !