The Independent Commission on Corrupt Practices and Other Related Crimes (ICPC) said it discovered misappropriation of a component of the 2. 67 billion naira bills to some federal schools to fuel school closures.
CIPC President Professor Bolaji Owasanoye, who said at the 2nd National Summit on The Reduction of Corruption on the subject: “Together against corruption and launch of the National Policy of Ethics and Integrity,” said an initial investigation indicated that the N2. 67 billion component had been diverted to account.
The event, chaired by President Muhammadu Buhari, was held on Monday at the Presidential Villa Council Hall in Abuja.
The CPHI holder said: “We note that the switch to the Sub-Treasury bachelor account was intended to save you from tracking disbursements.
“However, we learned of bills to some federal school feeding schools amounting to 2. 67 billion na will close when young people are not in school, and some of the cash ended up in non-public accounts.
“We have research on those results,” he said.
Owasanoye also reports that more than 2. 5 billion nars had been abducted through a senior official (undisclosed name) of the Ministry of Agriculture, and now deceased, for him and his friends.
The President also indexed the assets recovered from the Ministry of Agriculture, adding 18 buildings, 12 advertising premises and 25 plots of land.
It indicated that, since the review of the Open Treasury portal between January and 15 August 2020, of 268 dements, dements and systems (MDA), 72 of them had crimes accumulated by 90 million nars.
He said that while 33 MDAs gave explanations that 4. 1 billion naira was transferred to the sub-TSA, that 4. 2 billion naira paid to Americans had acceptable explanations.
The president of CIPC also stated that as a component of his initiative to monitor the 2020 leadership and constituency projects, 722 projects with a threshold of one hundred million cards (490 ZiP and 232 executives) were followed in 16 federation states.
It noted that several projects described as underway in the budget turned out to be new projects that were excluded to allow the government to complete existing projects.
According to him, the commission also found that unfinished projects sponsored through returning lawmakers are abandoned in the face of the loss of the network and the state.
It also drew attention to the use of corporations owned by friends or family of the sponsor or corporations owned by officials to put into force MDA to carry out abandoned or poorly executed projects.
The CPIC President condemned what he described as a conspiracy between sponsor legislative assistants and the implementation of MDA and contractors to undermine the quality of the sponsor’s knowledge projects.
The ICPC president stated that in the education sector, 78 MDAs were tested and unusual cases of embezzlement were discovered.
“Some of the discoveries come with lifetime payment of wholesale amounts to individual/personal accounts, adding allocation funds; non-deductions/tax refunds and IRRs; unpaid quota invoices and invoices grouped to microfinance banks.
He said other discoveries are; “Unsesterated payment of wage arrears and other allocations from previous years of the 2020 budget, payment of advances to staff, insufficient deduction of PAYE and payment of promotional arrears due to excessive expenses of the workers’ body, misuse and advance budget bills above the approved limit amount and abnormal payment of allowances to senior officials ”.
With regard to asset recovery, Owasanoye claimed that the commission had recovered one billion nars from the Ministry of Agriculture, entered into individual accounts for unofficial purposes.
It indicated that the commission had also recovered invoices from insurance contractors of the Ministry of Agriculture for paintings made or overpaid for paintings made, as well as the appropriation of projects to personal estates of senior ministry officials.
He said: “We have withheld or recovered through provisional administrative or judicial orders and definitive assets over 3 billion nars, we facilitated the recovery of $173,000 through FMFB’s data unit
“These figures exclude the number of retroactive recoveries or contractors as a result of allocation monitoring initiatives.
“It should be noted, however, that some of these assets are the subject of ongoing instances and where suspects have shown their case, physical or liquid assets will be released in accordance with the laws, rules or rules of the courts. “
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