Abdulhakeem Abdullateef, the new chairperson of the governing board of the Nigerian Deposit Insurance Corporation (NDIC), has alleged that the corporation reeks of corruption and has been taken over by a ‘cabal’.
The board chairman also faulted the corporation’s new act saying it is one of the instruments of corruption.
“I tell you, NDIC stinks. There is a lot of rot going on. They say, ‘When you fight corruption, corruption fights you’. This is the purported new act of the NDIC and I tell you for nothing that this is Emefiele’s act. Here, they have taken away the powers of Mr President in respect of the NDIC,” he said in a Facebook post on Monday.
