Nigerian Investment Council’s Boss, Arrested By EFCC Over Corruption Allegations

Nigerian Investment Council’s boss, arrested by EFCC over corruption allegations.

The Executive Secretary of the Nigerian Export Promotion Council, NIPC Mrs. Yewande Sadiku has been arrested by Economic and Financial Crimes Commission (EFCC) for questioning over corruption allegations.

According to the source she arrived at the headquarters of the anti-graft agency at about 11 a.m. on Monday.

A source familiar with the investigation disclosed that the NIPC boss is being questioned for abuse of office, bordering largely on contract fraud running into several millions of Naira and unearned frivolous allowances.

“She is cooperating with interrogators and has volunteered statement but there is still a lot of grounds to be covered, ” the source said

According to the source, some petitioners accused the NIPC boss of abuse of office, contract irregularities and receipt of certain allowances.As of the time of filing this report, she had spent over nine hours with her interrogators.

Meanwhile the details of allegations levelled against her are sketchy.

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