Buhari also approved the appointment of Effiong Okon Akwa, a member of the Interim Management Committee (IMC) of the NDDC, as an interim administrator to oversee the affairs of the NDDC.
In a statement by his Special Adviser, Femi Adesina, on Sunday, the President said Akwa would be in charge of the agency until the completion of the forensic audit.
“President Muhammadu Buhari has approved the appointment of an interim administrator to oversee the affairs of the Niger Delta Development Commission (NDDC),” the statement reads.
“He is Mr Effiong Okon Akwa, the Ag. Executive Director, Finance and Administration of the Commission, who is to assume headship till completion of the forensic audit.
“Mr Akwa is a Fellow of the Institute of Chartered Accountants and a Solicitor of the Supreme Court of Nigeria.
“The development became necessary as a result of a plethora of litigation and a restraining order issued recently against the Interim Management Committee of the NDDC by a Federal High Court in Abuja.”
KanyiDaily had reported how Pondei slumped during interrogation by the House of Representatives Committee over alleged missing of N40 billion naira.
Mr Pondei slumped when he was answering questions posed by the investigative panel over alleged misappropriation of funds amounting to billions of Naira.