The intelligence gathered by the Nigeria Military into the alleged coup plot has reportedly uncovered a trail of N45 billion disbursed from the bank accounts of the Niger Delta Development Commission to some politically exposed persons and the soldiers detained in connection with the rumoured conspiracy to topple President Bola Tinubu’s administration.
Earlier this month,Premium Times reported that 20 Nigerian Army officers were detained for allegedly planning a coup d’etat to overthrow President, amd the Grand Commamder In Chief Of the Amred Forces Bola Ahmed Tinubu.
Integrity News Understands that the alleged coup, lead to the cancellation of Nigeria’s 65th Independence Day by the Federal Government.
However, the military, in a statement by the Director of Defence Information, Brig. Gen. Tukur Gusau, denied the report linking the detention of 20 military officers to a failed coup.
The development has set off panic alarms at the NDDC headquarters over alleged links to the financing of subversive activities.
The Federal Government had also denied the coup plot against Tinubu’s administration. The Defence Headquarters described reports of a coup attempt as “false, misleading, and malicious” and stated that 16 military officers in custody are being investigated for professional misconduct, not a coup plot.
While details of the interrogation of the NDDC officials remain unclear, investigators are said to be scrutinising a series of high-value transactions carried out in recent months allegedly linked to politically-exposed persons.
They include a shoreline project awarded to a former governor in the South-South to the tune of N45bn, some of which allegedly found its way to the account of some of the detained officers.
Security sources with knowledge of the ongoing probe confirmed that the interrogation of the NDDC top shots was “part of a broader intelligence-based inquiry into the movement of public funds.”
Sources in the NDDC disclosed to The PUNCH that many top officials are apprehensive that the development may trigger a broader probe into the commission’s financial dealings.
They affirmed that the invitation of the top NDDC executives had triggered widespread anxiety among senior officials.
According to one insider, who spoke on condition of anonymity, “Since the news broke about the interrogation of the top shots, the atmosphere here has been uneasy. Many directors are being cautious about their movements and communications.”
Some executive directors who maintain close administrative ties with the embattled NDDC top shots are said to be worried about the development.
The development has sparked intense speculation within the commission, with staff expressing concern that the investigation could widen and implicate other senior officials.
The NDDC spokesperson, Seledi Thompson-Wakama, declined comments when asked about the quizzing of the commission’s officials.