DESOPADEC boss denies allegations of N650m fraud

Reports say the Delta State Oil Producing Areas Development Commission (DESOPADEC) boss, Chief William Makinde, has denied the allegations of N650m fraud levelled against him.

Makinde, through his media aide, Dr. Prince Orhomonokpay, said “I have read through the report and I am surprised that the media could write such a frivolous report that is unfounded. The issue sited in the report that DESOPADEC MD paid a national newspaper  (name withheld) N350 million as debt from advert publications, squandered N270 million and withdrew N1.5 billion DESOPADEC funds from Sterling Bank.”

He added that the allegations “are baseless and have no iota of truth. No contract was awarded to the daughter of former Governor James Ibori to purchase vehicles for the commission as reported in the print and social media.”