Revealed: How Akpabio Milks The NDDC Through His Cousin, Emmanuel Inyangetor

Godswill Akpabio

While the country was shocked with the scandal that came out many months ago about the activities and financial recklessness going on in the Niger Delta Development Commission, investigations revealed that the Minister of the Niger Delta, Godswill Akpabio is still having a field day as he runs the commission through his cronies.

The Minister not long after he was sworn made his cousin, Emmanuel Inyangetor a Special Adviser to the NDDC’s Executive Director of Finance and Administration, Chief Ibanga Etang. His mission there was to represent his cousin’s interest and monitor the financial activities of the commission.

An insider hinted that Inyangetor was so powerful in NDDC that he is the one that signs the papers from the EDFA before it gets to the Managing Director.

It is a usual practise that Akpabio through Inyangetor takes 35 percent off all contracts before contractors were paid.

The Managing Director once attempted to cut down Inyangetor’s recklessness but he was threatened with a sack.
Inyangetor and his cousin, Akpabio are not new to scandals.
Inyangetor was the prime suspect believed to have been used by Akpabio in the diversion of funds meant for constituency projects.

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The man who lost his mother recently was said to have undergone series of investigations from the ICPC and EFCC in relation to allegations against his principal, Godswill Akpabio.

Quite recently, an anti-corruption group has a detailed petition on the fraudulent contracts and money laundering of Akpabio, even up to some months ago when he made a withdrawal of N3.5bn from the NDDC account with the pretence of paying contractors.

Akpabio’s biggest conduit pipe is the Rodnab Construction Limited, the contractor handling the commission’s headquarters project. Payments made to Rodnab usually found their ways into AHR Global Standard Services Limited account and at least 10% of the transfered funds were rerouted into one Abu Meepatan’s bank account and other numerous bank accounts, with another prime suspect of a company being Quaoj Limited.

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For the purpose of clarity, Akpabio has been an active player in the NDDC power game since inception of the commission and some of his powerful minions helping him to convert and transfer funds from respective jurisdictions are; Mr Bassey Dan Abia, former Managing Director of NDDC, Mr Effiong Felix Akwa, present Executive Director of Finance and Administration, Mr Abu Meepatan, Rodnab Construction Limited Director, Mr Emmanuel Otugbai, personal aide to Akpabio, Emmanuel Inyangetor SA to the EDFA and Mr Henry Ogiri.

It has become common knowledge that Rodnab Construction Limited has been laundering funds for Akpabio through his company and others acting as fronts. In 2015, Mr Bassey Dan Abia in agreement with the Executive Director of Projects, NDDC, Mr Henry Ogiri, diverted billions of funds meant for the development of the Niger Delta region. Evidence of NDDC statement of account domiciled with Keystone Bank with account number: 1040074461 named NDDC Current Account, has it that the sum of One Billion, Six Hundred and Thirty Two Million, Nine Hundred and Thirty Eight Thousand, Five Hundred and Fifty Two Naira, Fifty Five Kobo (#1,632,938,552.55) reversed into NDDC’s account after it was initially transfered into Mr Bassey Dan Abia’s personal bank account earlier. Till date, Mr Abia’s tenure had not been probed even with the huge illegal transfers of funds recorded during his administration. It was Mr Abia who awarded the contract for the construction of the NDDC’S permanent headquarters to Rodnab Construction Limited, the same company that built Senator Akpabio’s personal house.

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When you take a look into the history of the above mentioned individuals, you will discover they had one link or the other with Akpabio who is now the head of the cabal as Minister of Niger Delta Affairs.

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