ICPC Recovers N1.1bn, 29 Buildings In Q1 2021

The Independent Corrupt Practices and Other Related Offences
Commission (ICPC) has recovered N1.1 billion and 29 buildings, that
have now been forfeited to the federal government between January
and March 2021.

ICPC Chairman, Prof. Bolaji Owasanoye, at the weekend, told the
Senate Committee on Anti-corruption and Financial Crimes Committee,
led by Senator Suleiman Kwari, during an oversight visit to the
national headquarters of the agency in Abuja that N418.8 million
and $1.5 million in domiciliary accounts were forfeited to the
federal government between January to March 2021.

The anti-graft agency also seized five plots of land, 13
businesses, 29 buildings, one vehicle and five farms during the
period under review.

The ICPC stated that the agency filed a total of 73 court cases
in 2020 and 11 cases filed between January and March 2021 while the
agency secured 26 convictions in 2020 and four in the first quarter
of 2021.

Owasanoye added that N147 billion was restrained by the Office
of Accountant General of the Federation (AuGF) from personnel,
overhead and capital costs based on the instruction issued in 2019
on the account of ICPC personnel cost review of Ministries,
Departments and Agencies (MDAs)

He gave the breakdown of the restrained funds to include
overhead – N15.5 billion, personnel – N32.3 billion and N99.2
billion.

In his remarks, Kwari applauded the agency for living up to
expectations, adding that the Senate is ready to support it to do
more.

He said: “I appreciate the chairman and board members for the
job well done and we also commend what you have been doing for the
nation.”

The Independent Corrupt Practices and Other Related Offences
Commission (ICPC) has recovered N1.1 billion and 29 buildings, that
have now been forfeited to the federal government between January
and March 2021.

ICPC Chairman, Prof. Bolaji Owasanoye, at the weekend, told the
Senate Committee on Anti-corruption and Financial Crimes Committee,
led by Senator Suleiman Kwari, during an oversight visit to the
national headquarters of the agency in Abuja that N418.8 million
and $1.5 million in domiciliary accounts were forfeited to the
federal government between January to March 2021.

The anti-graft agency also seized five plots of land, 13
businesses, 29 buildings, one vehicle and five farms during the
period under review.

The ICPC stated that the agency filed a total of 73 court cases
in 2020 and 11 cases filed between January and March 2021 while the
agency secured 26 convictions in 2020 and four in the first quarter
of 2021.

Owasanoye added that N147 billion was restrained by the Office
of Accountant General of the Federation (AuGF) from personnel,
overhead and capital costs based on the instruction issued in 2019
on the account of ICPC personnel cost review of Ministries,
Departments and Agencies (MDAs)

He gave the breakdown of the restrained funds to include
overhead – N15.5 billion, personnel – N32.3 billion and N99.2
billion.

In his remarks, Kwari applauded the agency for living up to
expectations, adding that the Senate is ready to support it to do
more.

He said: “I appreciate the chairman and board members for the
job well done and we also commend what you have been doing for the
nation.”