The Code of Conduct Bureau may soon arraign the sole administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa, before the Code of Conduct Tribunal.

He is being accused of failing to comply with the mandatory declaration of assets by public officers.

Akwa, until his appointment by President Muhammadu Buhari, was the Acting Executive Director, Finance and Administration in the Commission.

A highly placed source at the CCB told The Nation that the NDDC administrator failed to disclose his assets while serving as the Managing Director of the Akwa Ibom State-owned microfinance bank, Akwa Loans and Savings Limited and as the Special Adviser on Finance to a former NDDC Director.

Reports written by CCB Directors in both Akwa Ibom and Rivers states and sighted by our Correspondent showed that Akwa did not disclose his assets as mandated, despite several letters from the Agency requesting him to do so.

According to the source, a panel has already been constituted to investigate the matter, after which the NDDC Sole administrator will be handed over to the CCT for prosecution.

The source said: “I can tell you that we have our reports which show that the NDDC sole administrator, Effiong Akwa, didn’t disclose his assets.

“He was supposed to appear before the investigative panel last Thursday, but he wrote us a letter asking that the date be rescheduled to suit his engagements.”

The source continued: “We are also aware of the malicious allegations that he has paid N100 million to some of our officials to backdate his assets declaration form to get him off the hook.

“But I can tell you that it is not possible to backdate our documents.

“The matter we are talking about happened in 2013. How do you backdate such documents? How do you get the then Chairman to come and sign the document?

“We are not distracted by all these attempts to tarnish the image of the Agency by some mischievous elements.

“We are going ahead to investigate the allegations against the NDDC Sole Administrator, after which we will hand over to the Tribunal for prosecution.”