The Economic and Financial Crimes Commission has been charged to investigate owners of hotels in Niger Delta with a view to unravel their ownership.
The Peoples Democratic Party youths, under the aegis of South South Youth Vanguard, gave the charge on Sunday in a statement made available in Abuja by its National Chairman, James Efe Akpofure.
Akpofure, who urged the anti-corruption agency to carry out a thorough investigation on the allegation. alleged that 70 per cent of the hotels belonged to staff of Niger Delta Development Commission and some federal lawmakers.
He alleged that most of the funds looted from the commission were used to build the hotels.
Akpofure added that the funds, which were supposed to be used to develop the region, were siphoned by few at the detriment of the nine oil states in charge of the NDDC.
He further said that this investigation would also help the Interim Management Committee of the NDDC set up to carry out forensic audit of the commission.
He said with the investigation, the EFCC would be able to unearth so many sleazes and financial recklessness in the commission, adding that funds meant to develop the region have been embezzled by the few.
He said: “EFCC should move in quickly and investigate the owners of these hotels. They will unearth so many things and a lot of hidden funds that were supposed to be used to develop the region will be exposed.”