Former Deputy Governor of Akwa Ibom State and one-time Managing Director of the Niger Delta Development Commission, Nsima Ekere, is not guilty of allegations of conspiracy, diversion, and stealing of the sum of N118 million leveled against him, a police report has said.
Also cleared by the police report are Messrs Techsel Products Limited, Mr. Idorenyin Udo Ekere, Dr. Aniekan Udo Ekere and Utibe Idorenyin Ekere.
The affected persons were, between 2011 and 2014, accused by one Abasiama Idong of defrauding Akwa Savings & Loans Limited to the tune of N118m.
The case, which was widely reported in the media in 2017, was also dragged before the Economic and Financial Crime Commission.
But according to the Certified True Copy of the police investigation report signed by an Assistant Commissioner of Police from the Force Criminal Investigation Department, Ibrahim Abdul, and made available to our correspondent in Uyo on Friday, the police stated that in the course of their investigation, it was gathered that the alleged missing of N118m against Mr. Nsima Ekere was actually a request made by Lossela Nigeria Ltd out of its deposit of two million, five hundred thousand US Dollars in Akwa Savings & loans Limited, which was approved by the then Managing Director, Mr. Effiong Akwa Okon with full knowledge that Lossela Ltd had more than enough to accommodate the transaction.
The police report further stated, “That Mr. Nsima Ekere did not authorize any payment nor close any Akwa Ibom State Government account with Akwa Saving and Loans Ltd as he had no role to play in the bank.
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Nsima Ekere,