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Anti-graft group decries alleged diversion of N50m OSOPADEC fund  

By Adamu Abuh, Abuja
14 February 2025   |   8:01 pm
An anti-graft group, the Ondo Front Defenders, has decried the alleged diversion of N50 million from the Ondo State Oil Producing Areas Development Commission (OSOPADEC).   Led by Mr Nicolas Oluka-Briggs, the group, in a statement on Friday, claimed the funds were expended on the sponsorship of the Foundation for Wives of Ondo State Officials…
OSOPADEC

An anti-graft group, the Ondo Front Defenders, has decried the alleged diversion of N50 million from the Ondo State Oil Producing Areas Development Commission (OSOPADEC).

 

Led by Mr Nicolas Oluka-Briggs, the group, in a statement on Friday, claimed the funds were expended on the sponsorship of the Foundation for Wives of Ondo State Officials (FOWOSO) Summit in breach of laid-down rules and regulations.

 

The group wondered why funds meant to support oil-producing communities in the state were allegedly utilised to cater to the needs of FOWOSO.

 

The group called for the probe of the former First Lady of Ondo State, Mrs. Betty Anyanwu-Akeredolu, for masterminding the alleged infraction.

 

It further accused Anyanwu-Akeredolu of redirecting projects meant for Ondo State by the Niger Delta Development Commission (NDDC) to her home state of Imo.

 

The group argued that such actions raise ethical concerns regarding political integrity.

 

Other allegations by the group include claims that Mrs Akeredolu used proxy companies, including Erudit Limited, Pentabon Limited, and Egimka Nigeria Limited, to secure lucrative state contracts, thereby compromising transparency and accountability in governance.

The group also levelled allegations against the former First Lady of Ondo State for the unauthorised use of government-owned vehicles for personal purposes in Imo State.

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