The Senate Committee on the South East Development Commission (SEDC) has queried the managing director of the commission, Mark Okoye, over the alleged mismanagement of N16.6 billion from the 2025 budget allocation. During an investigative hearing on Tuesday, the committee raised concerns over specific expenditures, including N153 million reportedly spent on renting a one-room liaison office in Abuja and N2.5 billion classified as “implied expenditure.” The session, chaired by Senator Orji Uzor Kalu (Abia North), turned tense as lawmakers scrutinized the financial report submitted by the commission’s management. Committee members…
Read MoreSENATE GRILLS MARK OKOYE OVER OVER ALLEGED MISMANAGEMENT OF SEDC’S N16.6BN
