Global News

ICPC Discovers School Feeding N2.67 Billion In Private Accounts

ICPC Discovers School Feeding N2.67 Billion In Private Accounts (Updated: Tuesday, 29th September 2020, 08:58 AM)


The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it had discovered N2.67 billion of funds meant for feeding in some schools, stashed away in some private bank accounts.

The anti-corruption agency disclosed this on Monday during its 2nd National Summit on Diminishing Corruption and launch of the National Ethics and Integrity Policy at the Presidential Villa in Abuja.

Chairman of the ICPC, Professor Bolaji Owasanoye, explained the money was meant for some Federal Colleges during the COVID-19 lockdown.

He said further the Commission also discovered over N2.5 billion appropriated by a deceased senior civil servant in Ministry of Agriculture for himself and cronies, listing other assets recovered in the Ministry Agriculture to include 18 buildings, 12 business premises and 25 plots of land.

 

He said under Open Treasury Portal review carried out between January to August 15, 2020, out of 268 Ministries, Departments and Agendas (MDAs) 72 of them had cumulative infractions of N90 million. He said while 33 MDAs tendered explanations that N4.1 billion was transferred to sub-TSA, N4.2 billion paid to individuals had no satisfactory explanations.

According to Owasanoye:

“We observed transfers to sub-TSA were to prevent disbursement from being monitored. Nevertheless, we discovered payments to some federal colleges for school feeding in the sum of N2.67 billion during lockdown when the children are not in school, and some of the money ended up in personal accounts. We have commenced investigations into these finding.”

The ICPC chairman also said under its 2020 constituency and executive projects tracking initiative, 722 projects with a threshold of N100 million (490 ZiP and 232 executive) were tracked across 16 states.

The ICPC chairman said in education sector, 78 MDAs were reviewed and common cases of misuse of funds were uncovered.

Tags

Add a coment

Recent Posts

Banny
Banny
Burna Boy
Burna Boy
Patapaa
Patapaa
Dj 9ke
Dj 9ke
Hotkid
Hotkid
Dr Dolor
Dr Dolor
Duncan Mighty
Duncan Mighty
JoeEL
JoeEL
Mr P
Mr P
Yung Effissy
Yung Effissy
Zoro
Zoro
Chidinma
Chidinma
Sound Sultan
Sound Sultan
Picazo
Picazo
DJ Lambo
DJ Lambo
Ice Prince
Ice Prince
Mohbad
Mohbad
Seriki
Seriki
Diamond...
Diamond...
Frank Edwards
Frank Edwards
Bad Boy Timz
Bad Boy Timz
SkiiBii
SkiiBii
Broda Shaggi
Broda Shaggi
Terry Apala
Terry Apala
MasterKraft
MasterKraft
Yonda
Yonda
Mr Real
Mr Real
Ojayy Wright
Ojayy Wright
Adol
Adol
Tonto Dikeh
Tonto Dikeh
Lil Frosh
Lil Frosh
Madrina
Madrina
Zlatan
Zlatan
Reekado Banks
Reekado Banks
Terry G
Terry G
Trod
Trod
DJ Tunex
DJ Tunex
AKA
AKA
Dremo
Dremo
JeriQ
JeriQ
NAIJAKIT.COM

Trending Posts