The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has been drawn into a storm of controversy following reports linking him to an alleged coup plot against President Bola Ahmed Tinubu’s administration.
Multiple sources claim that Ogbuku was allegedly questioned by security operatives over suspicions that the NDDC under his leadership was used to channel funds in support of a failed attempt to unseat the APC-led government.
According to intelligence sources, investigators believe Ogbuku transferred a large sum of money to former Minister of State for Petroleum Resources, Chief Timipre Sylva, who is being probed for allegedly financing the purported coup plot. Military intelligence officers are said to be scrutinizing financial transactions between the two men to determine whether the funds were tied to the alleged plan to remove the President from power.
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A separate report revealed that “the MD transferred a huge sum of money to Sylva,” adding that investigators are pursuing the theory that the transaction was linked to subversive activities. “He is currently providing answers about the purpose of the transfer,” a senior official was quoted as saying.
Unconfirmed reports further suggest that at least sixteen military officers may have been implicated in the alleged conspiracy. Security sources claimed that discreet meetings had been held by certain officers to discuss the overthrow of President Tinubu and key government officials.
So far, the Nigerian military has not issued an official statement confirming Ogbuku’s detention or any direct involvement of the NDDC in the alleged coup funding. However, national security agencies are said to have intensified investigations to expose all individuals linked to the plot and to reinforce confidence in the nation’s democratic stability.
