Senate Public Accounts Committee has summoned officials of the Niger Delta Development Commission on contracts scandal of over N100 billion.
It relied on special periodic checks on the activities and programmes of the NDDC for January 1, 2013 to June 30, 2018.
Speaking during committee meeting, Senator Matthew Urhoghide, chairman, said the Committee has invited the NDDC to come and appear on Wednesday.
The chairman added that the Committee will personalise any refund that is traceable to any individual during the Investigative Hearing.
Speaking further, Urhoghide lamented that it is painful that over N100 billion was spent on contracts in NDDC without justification for the spending.
Urhoghide said: “We have invited NDDC to come.
“They don’t have records of financial transaction.
“They will appear before us on Wednesday.
“They have 47 queries and we are going at the issue from 1 to 47 and we are going to personalise any refund.
“It is painful that N100 billion was spent without justification for it.
“We equally invite them for status enquiry on all revenue into their accounts.
“We are waiting for the NDDC.
“If they don’t come, we take necessary action against them.”
Some of the queries say: “It was observed that so many contractors were paid mobilisation fee to enable them to commence the execution of the projects awarded to them.
“Contrary to the terms and agreement some of the contractors bolted away after collection of the mobilisation fees.
“The surprising aspect of it was that this practice involved 626 contractors in which the sum of N61.4 billion was lost to fraudulent practices.
“Irregularities in the execution of contract awarded to SETRACO Nigeria Limited for the construction of Gbaregolor-Gbekbot-Ogulagha Road phase worth N16.1 billion.”