Business
ICPC Probes NMDPRA CEO Over Alleged $7m Education Spending
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by billionaire businessman Aliko Dangote against Farouk Ahmed, the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
In a statement issued on Tuesday, ICPC spokesperson John Odey said the petition was submitted through Dangote’s lawyer, adding that the anti-graft agency would subject the allegations to due investigation.
According to reports, the petition, dated and submitted on December 16, accuses Ahmed of corruption and misuse of public funds. Specifically, Dangote alleges that Ahmed spent over $7 million in public funds on his four children’s education at elite Swiss schools, with fees paid upfront for up to six years.
The ICPC has assured that the petition will be thoroughly investigated, though it did not provide further details on the allegations or the timeline for the investigation.
