The Special Presidential Investigation Panel for Recovery of Public Property (SPIP) has arrested the Director of Corporate Services, Petroleum Equalization Fund (PEF), Goddy Nnadi.
He was arrested over allegations of corrupt enrichment, living beyond his legitimate earnings and abuse of office.
Investigation by SPIP revealed that more than three (3) accounts in Standard Chartered Bank Limited where he has nearly N2Billion as well as huge amounts in several foreign currencies in the said Bank.
The Panel discovered that he also owns a multimillion Naira Hotel complex in Owerri, Imo State in addition to vast Estates in Abuja and other cities.
Name of Companies that paid into Gody’s private account: