NIPC Denies Reports Of CEO’s Arrest
By Chioma Iruke
The management of the Nigerian Investment Promotion Commission (NIPC) has debunked reports of the arrest and detention of its Chief Executive Officer, Yewande Sadiku by the Economic and Financial Crimes Commission (EFCC).
Recall, some aggrieved board members in the NIPC were reported to have accused Sadiku of duplicating petitions to several investigative agencies and the presidency.
EFCC Spokesman, Wilson Uwujaren confirmed her presence in the commission, but declined further comment.
The commission however said in a statement released on Tuesday that Sadiku only honoured an invitation by the EFCC and was not arrested or detained.
“The attention of the Management of Nigerian Investment Promotion Commission has been drawn to some media reports that the Executive Secretary/CEO Ms Yewande Sadiku was arrested and detained by Economic and Financial Crimes Commission (EFCC) on Monday 09 August 2021.
“Management clarifies that Ms Yewande Sadiku voluntarily honored an invitation by EFCC and responded to the issues raised,” it read.
According to a report, she was questioned for abuse of office, contract fraud running into several millions of naira and some allowances which had not been accounted for.