Sunday, December 22, 2024
Custom Text
Home NEWS ICPC blocks nearly N190b unspent MDA funds

ICPC blocks nearly N190b unspent MDA funds

-

ICPC blocks unspent funds to prevent steadling

By Jeph Ajobaju, Chief Copy Editor

Rampant stealing of federal government funds is being plugged by the Independent Corrupt Practices and other Related Offences Commission (ICPC), which says it has just blocked N189 billion in Ministries, Departments, and Agencies (MDAs).

ICPC Special Operations Head Bako Nathan said unspent money totaling N189 billion in 2019 and 2020 was discovered and blocked so it would not be diverted.

- Advertisement -

He told the House of Representatives panel probing corruption and abuse of nominal rolls and other sleazes in MDAs that the ICPC has been investigating corrupt practices in MDAs over the years.

Nathan narrated how the ICPC blocked billions of naira dubiously spent and kept to shortchange the treasury.

__________________________________________________________________

Related articles:

Under Buhari, even lawmakers are stealing billions, says ICPC

- Advertisement -

Probe N3.14b missing in Finance Ministry, SERAP tells Buhari

ICPC discovers 257 duplicated projects in 2021 budget

Auditor says 15 MDAs fail to remit N127.13b to treasury

__________________________________________________________________

Thieves investigating thieves

The panel has also summoned Secretary to the Government of the Federation Boss Mustapha, Finance Minister Zainab Ahmed, and other heads of MDAs over the corruption discoveries, per reporting by The Nation.

Federal Auditor General Adolphus Aghughu has documented diversion, misappropriation, and stealing of funds in various annual reports on MDAs.

He also discovered N8.54 billion “missing, misappropriated or stolen” in the National Assembly (NASS) in the four years between 2015 and 2018.

Besides, the ICPC discovered how lawmakers used medical outreach to divert and steal at least N260 billion public funds.

Meaning that a grand total of N268.54 has been diverted and stolen by lawmakers, and that is based only on what is in the public domain.

Invitation to all MDAs

Other MDAs already summoned by the committee include:

  • Federal Civil Service Head
  • Federal Accountant General
  • Federal Auditor General
  • ICPC Chairman.
  • Federal Character Commission Chief Executive Officer
  • IPPIS Officer in Charge

Committee Chairman Dachung Bagos said letters would be written to all MDAs that did not attend the sitting, and warned that anyone who fails to show up would be treated  as among those bloating their nominal rolls to defraud the government.

Must Read