Despite forfeiting assets to EFCC, PEF GM is back to work — and even attended NIPSS - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Friday, 19 June 2020

Despite forfeiting assets to EFCC, PEF GM is back to work — and even attended NIPSS

Despite forfeiting assets to EFCC, PEF GM is back to work — and even attended NIPSS

Goddy Nnadi, general manager (corporate services) of the Petroleum Equalisation Fund (management) board, is back to his desk — despite forfeiting illegally acquired properties  to the federal government, TheCable can report.

He has even attended a senior course at the elite National Institute for Policy and Strategic Studies (NIPSS) — after which the PEF executive secretary wrote to congratulate him “for doing us proud”.

TheCable learnt that Nnadi resumed his job less than one month after a federal high court in Abuja ruled he fraudulently acquired some of his properties.

In December, the Economic and Financial Crimes Commission (EFCC) said the court granted the final forfeiture order of the properties because they were “reasonably suspected to be proceeds of unlawful activities”.

However, despite the court ruling, Nnadi returned to work at the federal agency in January and only recently, completed a senior executive course at the NIPSS in Plateau state.

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The office of the attorney-general of the federation is said to have written a letter in his favour, arguing that since he was not suspended or made to face an internal panel at PEF(M), he was free to return to work.

TheCable could not confirm this claim.

But in a letter seen by TheCable, the PEF(M) board congratulated him on the completion of the course which it described as a “great honour” for the organisation.

The letter dated May 6 and signed by Ahmed Bobboi, PEF executive secretary, read: “On behalf of the staff and management of PEF (M) B, I wish to acknowledge your personal achievement and congratulate you for successful completion of the NIPSS Senior Executive Course No. 41 (2019).

“We are enormously proud of you for the great honour you brought to PEF (M) B by this achievement. This achievement should bring you tremendous pride and a strong sense of responsibility.”

Both PEF and Nnadi did not respond to enquiries when TheCable reached out to them.

The general manager is being prosecuted by the EFCC for alleged offences bordering on bribery and money laundering.

The anti-graft agency also alleged he had sometime in 2006 “used the names of some proxies to incorporate Galbani Nigeria Limited with the Corporate Affairs Commission, CAC, after which he opened the company’s bank accounts with Zenith Bank Plc and Ecobank Plc”.

TheCable had previously reported how he ran a private business against civil service rules and regulations.

He was also arrested by the special presidential investigation panel for the recovery of public property (SPIP) on allegations of corrupt enrichment, living beyond his legitimate earnings and abuse of office.

Nnadi has denied any wrongdoing.

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