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ICPC Uncovers N189 Billion Stuck in Govt Agencies

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Naira Exchange Rates - Investors King

Independent Corrupt Practices and other Related Offences Commission (ICPC), in its investigations has uncovered the sum of N189 Billion stuck in Ministries, Department and Agencies (MDAs).

Investors King reports that ICPC, the apex body with the mandate to fight corruption and other related offenses in Nigeria recovered the unspent funds of government agencies in 2019 and 2020.

The Head of Special Operations, ICPC, Mr Bako Nathan revealed this on Tuesday in Abuja.

Nathan disclosed the report of the Commission’s findings while speaking before the House of Representatives Ad hoc Committee investigating corruption and abuse of nominal rolls and other corrupt practices by government agencies.

He stressed that the corruption-fighting Commission had for several years been investigating alleged corrupt practices in government ministries, departments and agencies.

He noted that the ICPC has stopped the fraudulent spending and keeping of billions that shortchanges the government.

Nathan said that ICPC blocked billions of Naira in various government agencies which were allegedly dubiously spent and kept to shortchange the government.

For further findings on government agencies’ funds, the House of Representatives invited the Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, and Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed for questioning.

Heads of key government agencies were also summoned to the lower chamber of the legislature over the alleged abuse and inflation of nominal rolls.

The Chairman of the Adhoc Committee, Dachung Bagos stated that all government agencies that were not present at the sitting would receive letters from the Committee for failing to show up.

Bagos noted that any agency that failed to honour the House of Representatives’  invite “would be treated as one of those abusing laid down rules and over bloating their nominal rolls to defraud the government.”

The officials summoned by the House committee include: the Head of the Service of the Federation, Accountant General of the Federation, the Auditor General of the Federation, the Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Chief Executive Officer of Federal Character Commission (FCC) and the officer in Charge of IPPIS.

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