NDIC Distances Itself From Alleged Stealing Of $4Million From $76Million Cash Stashed By Manager, Odariko, Ex-Permanent Secretary, Kyari
The Nigeria Deposit Insurance Corporation (NDIC) has distanced itself from the alleged stealing of $4million cash allegedly stockpiled by the manager of the Corporation (NDIC), Aisha Sadiq Odariko and a retired Permanent Secretary at the Federal Ministry of Finance, Mohammed Kyari Dikwa.
It was earlier reported that some scavengers who burgled a gated duplex in a residential neighbourhood of Abuja city centre at the peak of the COVID-19 pandemic stole $4 million cash from about $76million that was stashed by NDIC manager and a retired official of the Federal Ministry of Finance.
Peoples Gazette in its report had said that at the heart of the investigation were Messrs Odariko and Kyari Dikwa who conspired to run an expansive fraud ring as federal officials.
An official familiar with the investigation had reportedly said, “She told detectives that there was $76 million in the building, out of which the boys stole $4 million,” adding that “While about $2 million was recovered from the burglars, we still need to understand how she and her allies were able to quickly move the remaining $72 million and where they moved it to.”
In a press statement issued by NDIC Director, Communications and Public Affairs Department, the corporation stated that they had begun looking into the problem and was committed to investigating the corporation manager if there was any evidence to substantiate the allegations.
The statement reads: “The attention of the Management of the Nigeria Deposit Insurance Corporation (NDIC) has been drawn to a media report by the Peoples’ Gazette and Sahara Reporters alleging the involvement of one of its staff in a certain financial impropriety. While assessing the veracity of the incidence as reported, it is important to note that the alleged transaction has nothing to do with the Corporation. However, as a responsive Federal Institution, the mere mention of a staff of this great institution has prompted us to take it upon ourselves to unravel the truth of the matter and deal with it in the most appropriate manner.
“Meanwhile, our preliminary investigations into the allegations have revealed that the staff in question, while being an employee of one of the commercial banks prior to joining the NDIC in 2017, was the account officer of the former Federal Government Official referenced in the report. She has claimed that she was not privy to any improper financial transaction with anybody while working in the commercial bank.
“Nevertheless, if we come across any contrary information, we shall not hesitate to take appropriate action regarding the staff involved. The NDIC has zero tolerance for financial impropriety or any other action that might contravene our core values, corporate culture, and code of conduct.
“We, therefore, unequivocally state that the Corporation will continue to uphold its high ethical standards in corporate governance, which it has earned over the last three decades of existence, while fulfilling its role of depositor protection and contributing to financial system stability.” (SaharaReporters)
