The Adhoc committee set up by the Senate to investigate the fraud by the Interim Management Committee of the Niger Delta Development Commission has been recommended for dissolution.
The committee in its report brought before the Senate also recommended that the NDDC should be returned to the Presidency for direct supervision.
The panel noted that the monitoring and advisory bodies recognised by the Act which established the NDDC should be inaugurated immediately.
The Adhoc committee condemned the extra-budgetary spending by the IMC which it revealed has affected the Niger Delta people.
It noted that the Ministry of Niger Delta has no capacity to implement the forensic audit and therefore demanded that the Auditor General of the Federation should supervise the forensic audit for transparency and efficiency.
It also said the Auditor General should appoint internationally renowned audit experts to carry out the exercise.
The committee charged the IMC to return the sum of N1.4bn spent on COVID-19 to the NDDC account.
The senators are currently debating the report of the panel, presented by the Chairman, Senator Olubunmi Adetunmbi.
Source: Naija News