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Within two months in office, the Interim management Committee of the Niger Delta Development Commission, NDDC, led by Prof. Kemebradikumo Pondei, have squandered over N200billion paying contractors with fake and over invoiced contracts.

This is coming as the Board has stopped all Directors and senior staff members transferred to State offices from visiting the NDDC Headquarters.

The transferred staff members are considered moles and informants who steal documents of shady deals by the IMC board and leak to the public, according to a source at the agency.

Pointblanknews.com gathered that as at last week, the NDDC had about N30billion from the over N200billion it had in its account as at February 2020, when Joy Nunieh was the Managing Director.

On February 22, 2020, two days after his appointment, Pondei’s led IMC immediately approved N1.7billion as payment for the supply of 525,000 Maternal Delivery Kits.

The contract for the Medical supplies were awarded to: Pear Medical Support Services, Signora Concepts Limited and T&N Limited at a scandalous price of N357, 437, 500.00 million each.

Pointblanknews.com finding shows that Maternal Kits otherwise called Mama Kits for expectant Pregnant women which usually contains a one meter piece of cotton cloth (baby wrapper), one laundry soap, a pair of gloves, a piece of cotton wool, small gauze, cord ligature, and a meter of polythene sheet which is used on the delivery table cost an average of $10-$75 in the market.

It is not immediately known if the contractors have all supplied the maternal delivery kits and where they are housed. But documents obtained by Pointblanknews.com shows the three companies awarded the contracts have all been paid N357,437,500.00.

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