Senator Kalu dealt a heavy hand to (SEDC) Managing Director, Mark Okoye over fund mismanagement in billions

Senator Kalu: How much is left of the N16.6 billion you received from the 2025 budget?South East Development Commission (SEDC) Managing Director, Mark Okoye: We have N11 billion.Senator Kalu: You have N13 billion. I've spoken to the CBN. You're dealing with government officials. I'm disappointed in you, and this committee is disappointed. SEDC MD Mark Okoye: But I informed you last Friday, and you said I must come. I have evidence. Senator Kalu: Listen to me, you have one little office in... Read more

  Economy   Jun 10, 2026   0   7  Add to Reading List
Senator Kalu dealt a heavy hand to (SEDC) Managing Director, Mark Okoye over fund mismanagement in billions
Senator Kalu: How much is left of the N16.6 billion you received from the 2025 budget?South East Development Commission (SEDC) Managing Director, Mark Okoye: We have N11 billion.Senator Kalu: You have N13 billion. I've spoken to the CBN. You're dealing with government officials. I'm disappointed in you, and this committee is disappointed. SEDC MD Mark Okoye: But I informed you last Friday, and you said I must come. I have evidence. Senator Kalu: Listen to me, you have one little office in...

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