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  •  The Independent Corrupt Practices and other Related Offences Commission ICPC raised the alarm on Thursday in Abuja about diversion of public funds ICPC Chairman Prof Bolaji Owasannoye raised the alarm at a two day capacity building workshop for members of the House of Representatives Committee on Anti Corruption He frowned at the diversion of public funds both in revenue receipts and expenditure while condemning illicit financial flow misapplication of funds and budget padding He said it was time corruption was confronted headlong adding that Nigerians were yet to recognise the death knell that corruption meant He warned that if citizens did not deal with the ethical issues of corruption it would further impact negatively on the country Owasannoye noted that Nigerian was never in short supply of anti corruption legislation but in short supply of integrity He noted also that this had been worsened by high level hypocrisy According to him the CBN the Bureau of Public Procurement and the Federal Competition and Consumer Protection Commission are all anti corruption gate keepers He stated that most regulatory agencies also played anti corruption roles Owasannoye observed that corruption accentuated political patronage and encouraged sabotage of governance stressing that funds appropriated on paper were never used for the purpose for which they were meant In his remarks Rep Shehu Garba Chairman of the House Committee on Anti Corruption noted that the challenge and the fight against corruption had remained a topical issue He said that the ills of corruption had been well documented adding that Nigerians did not need to be reminded of the consequences Garba added that corruption denied citizens a promising future and development adding that it was heart warming when the President Muhammadu Buhari led administration made the fight against corruption one of its tasks He said that the fight against corruption remained multi dimensional involving all institutions adding that there would be no success without collaboration The lawmaker added that information sharing and capacity building workshops were crucial in the fight against corruption In his contribution Prof Abubakar Suleiman Director General National Institute for Legislative Studies commended the National Assembly for the continuous building of staff capacity This he said had reflected in the 9th assembly especially in the way it took the issue of the fight against corruption seriously He added that the workshop was important as the current Federal Government administration winds down Suleiman stressed that corruption also fuelled instability and conflicts He noted that there had been allegations of non payment of allowances of security operatives which according to him undermines the fight against insecurity Corruption undermines security and human capacity development he stressed Marija Peran the Resident Representative Konrad Adenauer Stiftung a German political foundation decried the complex security challenges and corruption in the security sector She said that corruption in the security sector had a detrimental impact both on security apparatuses and on wider peace and security Peran said the German foundation s core mandate was to strengthen good democratic governance and the rule of law adding that the fight against corruption was an integral part of its mandate NewsSourceCredit NAN
    ICPC raises alarm over diversion of public funds 
     The Independent Corrupt Practices and other Related Offences Commission ICPC raised the alarm on Thursday in Abuja about diversion of public funds ICPC Chairman Prof Bolaji Owasannoye raised the alarm at a two day capacity building workshop for members of the House of Representatives Committee on Anti Corruption He frowned at the diversion of public funds both in revenue receipts and expenditure while condemning illicit financial flow misapplication of funds and budget padding He said it was time corruption was confronted headlong adding that Nigerians were yet to recognise the death knell that corruption meant He warned that if citizens did not deal with the ethical issues of corruption it would further impact negatively on the country Owasannoye noted that Nigerian was never in short supply of anti corruption legislation but in short supply of integrity He noted also that this had been worsened by high level hypocrisy According to him the CBN the Bureau of Public Procurement and the Federal Competition and Consumer Protection Commission are all anti corruption gate keepers He stated that most regulatory agencies also played anti corruption roles Owasannoye observed that corruption accentuated political patronage and encouraged sabotage of governance stressing that funds appropriated on paper were never used for the purpose for which they were meant In his remarks Rep Shehu Garba Chairman of the House Committee on Anti Corruption noted that the challenge and the fight against corruption had remained a topical issue He said that the ills of corruption had been well documented adding that Nigerians did not need to be reminded of the consequences Garba added that corruption denied citizens a promising future and development adding that it was heart warming when the President Muhammadu Buhari led administration made the fight against corruption one of its tasks He said that the fight against corruption remained multi dimensional involving all institutions adding that there would be no success without collaboration The lawmaker added that information sharing and capacity building workshops were crucial in the fight against corruption In his contribution Prof Abubakar Suleiman Director General National Institute for Legislative Studies commended the National Assembly for the continuous building of staff capacity This he said had reflected in the 9th assembly especially in the way it took the issue of the fight against corruption seriously He added that the workshop was important as the current Federal Government administration winds down Suleiman stressed that corruption also fuelled instability and conflicts He noted that there had been allegations of non payment of allowances of security operatives which according to him undermines the fight against insecurity Corruption undermines security and human capacity development he stressed Marija Peran the Resident Representative Konrad Adenauer Stiftung a German political foundation decried the complex security challenges and corruption in the security sector She said that corruption in the security sector had a detrimental impact both on security apparatuses and on wider peace and security Peran said the German foundation s core mandate was to strengthen good democratic governance and the rule of law adding that the fight against corruption was an integral part of its mandate NewsSourceCredit NAN
    ICPC raises alarm over diversion of public funds 
    General news2 weeks ago

    ICPC raises alarm over diversion of public funds 

    The Independent Corrupt Practices and other Related Offences Commission (ICPC) raised the alarm on Thursday in Abuja about diversion of public funds.

    ICPC Chairman, Prof. Bolaji Owasannoye, raised the alarm at a two-day capacity-building workshop for members of the House of Representatives Committee on Anti-Corruption.

    He frowned at the diversion of public funds, both in revenue receipts and expenditure, while condemning illicit financial flow, misapplication of funds and budget padding.

    He said it was time corruption was confronted headlong, adding that Nigerians were yet to recognise the death knell that corruption meant.

    He warned that if citizens did not deal with the ethical issues of corruption, it would further impact negatively on the country.

    Owasannoye noted that Nigerian was never in short supply of anti-corruption legislation but in short supply of integrity.

    He noted also that this had been worsened by high level hypocrisy.

    According to him, the CBN, the Bureau of Public Procurement and the Federal Competition and Consumer Protection Commission, are all anti-corruption gate keepers.

    He stated that most regulatory agencies also played anti-corruption roles.

    Owasannoye observed that corruption accentuated political patronage and encouraged sabotage of governance, stressing that funds appropriated on paper, were never used for the purpose for which they were meant.

    In his remarks, Rep. Shehu Garba, Chairman of the House Committee on Anti-Corruption, noted that the challenge and the fight against corruption had remained a topical issue.

    He said that the ills of corruption had been well documented, adding that Nigerians did not need to be reminded of the consequences.

    Garba added that corruption denied citizens a promising future and development, adding that it was heart-warming when the President Muhammadu Buhari-led administration made the fight against corruption one of its tasks.

    He said that the fight against corruption remained multi-dimensional; involving all institutions, adding that there would be no success without collaboration.

    The lawmaker added that information sharing and capacity building workshops were crucial in the fight against corruption.

    In his contribution, Prof. Abubakar Suleiman, Director-General, National Institute for Legislative Studies commended the National Assembly for the continuous building of staff capacity.

    This, he said, had reflected in the 9th assembly, especially in the way it took the issue of the fight against corruption seriously.

    He added that the workshop was important as the current Federal Government administration winds down.

    Suleiman stressed that corruption also fuelled instability and conflicts.

    He noted that there had been allegations of non-payment of allowances of security operatives, which according to him, undermines the fight against insecurity.

    “Corruption undermines security and human capacity development,’’ he stressed.

    Marija Peran, the Resident Representative, Konrad-Adenauer-Stiftung, a German political foundation, decried the complex security challenges and corruption in the security sector.

    She said that corruption in the security sector had a detrimental impact, both on security apparatuses and on wider peace and security.

    Peran said the German foundation’s core mandate was to strengthen good democratic governance and the rule of law, adding that the fight against corruption was an integral part of its mandate
    NewsSourceCredit: NAN

  •  The Independent Corrupt Practices and Other Related Offences Commission ICPC says that Ministries Departments and Agencies MDAs padded the 2021 budget to the tune of N300 billion The padding which they did by duplicating projects shot the budget to N13 59 trillion it has stated The anti corruption agency says that the MDAs also padded the 2022 budget with duplicated projects amounting to N100 billion This shot the current year s budget to N17 12 trillion This is aside of the N49 9 billion discovered as salaries for ghost workers between January and June 2022 it says ICPC s Chairman Prof Bolaji Owasannoye made these known in Abuja on Thursday He made the submissions at an interactive session with the Senate Committee on Finance on the 2022 2025 Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper FSP He said the ICPC discovered the projects duplication and budget padding for the two years during a scrutiny of projects approved for the various MDAs Three hundred billion naira would have been wasted by the Federal Government on duplicated projects inserted into the 2021 budget Federal Government would have wasted another N100billion in the 2022 budget if not tracked and intercepted by the ICPC The same pre emptive move saved the country from spending N49 9 billion on payment of salaries to ghost workers inserted into payrolls by the fraudulent MDAs between January and June this year Names of MDAs involved in projects duplications and fictitious payrolls are available and will be forwarded to the committee he said Owasannoye explained that ICPC s interception ensured that monies for the fraudulent acts were prevented from being released to the affected MDAs It is gratifying that the Federal Ministry of Finance and the Accountant General s Office cooperated with us he stressed The ICPC chairman advised relevant committees of the National Assembly to look out for such projects duplication in the proposed N19 76 trillion 2023 budget From our own end detection of such projects is done by verifying their locations and names upon which we tell the appropriate authorities not to release wrongly budgeted monies he said In his remarks chairman of the committee Sen Solomon Adeola APC Lagos West assured that ICPC s operational cost would be increased from the current N1 8 billion This committee is impressed by the proactive ways your commission has adopted in the fight against corruption Your submissions clearly shows that all hopes are not lost for our dear country as far as fighting corruption is concerned Your operational cost which is N1 8 billion will be increased as required impetus for more proactive measures against corrupt practices across the various MDAs Sen Adeola said NewsSourceCredit NAN
    Ministries, Agencies padded 2021 budget with N300b duplicated projects – ICPC
     The Independent Corrupt Practices and Other Related Offences Commission ICPC says that Ministries Departments and Agencies MDAs padded the 2021 budget to the tune of N300 billion The padding which they did by duplicating projects shot the budget to N13 59 trillion it has stated The anti corruption agency says that the MDAs also padded the 2022 budget with duplicated projects amounting to N100 billion This shot the current year s budget to N17 12 trillion This is aside of the N49 9 billion discovered as salaries for ghost workers between January and June 2022 it says ICPC s Chairman Prof Bolaji Owasannoye made these known in Abuja on Thursday He made the submissions at an interactive session with the Senate Committee on Finance on the 2022 2025 Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper FSP He said the ICPC discovered the projects duplication and budget padding for the two years during a scrutiny of projects approved for the various MDAs Three hundred billion naira would have been wasted by the Federal Government on duplicated projects inserted into the 2021 budget Federal Government would have wasted another N100billion in the 2022 budget if not tracked and intercepted by the ICPC The same pre emptive move saved the country from spending N49 9 billion on payment of salaries to ghost workers inserted into payrolls by the fraudulent MDAs between January and June this year Names of MDAs involved in projects duplications and fictitious payrolls are available and will be forwarded to the committee he said Owasannoye explained that ICPC s interception ensured that monies for the fraudulent acts were prevented from being released to the affected MDAs It is gratifying that the Federal Ministry of Finance and the Accountant General s Office cooperated with us he stressed The ICPC chairman advised relevant committees of the National Assembly to look out for such projects duplication in the proposed N19 76 trillion 2023 budget From our own end detection of such projects is done by verifying their locations and names upon which we tell the appropriate authorities not to release wrongly budgeted monies he said In his remarks chairman of the committee Sen Solomon Adeola APC Lagos West assured that ICPC s operational cost would be increased from the current N1 8 billion This committee is impressed by the proactive ways your commission has adopted in the fight against corruption Your submissions clearly shows that all hopes are not lost for our dear country as far as fighting corruption is concerned Your operational cost which is N1 8 billion will be increased as required impetus for more proactive measures against corrupt practices across the various MDAs Sen Adeola said NewsSourceCredit NAN
    Ministries, Agencies padded 2021 budget with N300b duplicated projects – ICPC
    General news2 weeks ago

    Ministries, Agencies padded 2021 budget with N300b duplicated projects – ICPC

    The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says that Ministries, Departments and Agencies (MDAs) padded the 2021 budget to the tune of N300 billion.

    The padding which they did by duplicating projects shot the budget to N13.59 trillion, it has stated.

    The anti-corruption agency says that the MDAs also padded the 2022 budget with duplicated projects amounting to N100 billion.

    This shot the current year’s budget to N17.12 trillion.

    This is aside of the N49.9 billion discovered as salaries for ghost workers between January and June, 2022, it says.

    ICPC’s Chairman, Prof. Bolaji Owasannoye, made these known in Abuja on Thursday.

    He made the submissions at an interactive session with the Senate Committee on Finance on the 2022-2025 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

    He said the ICPC discovered the projects duplication and budget padding for the two years during a scrutiny of projects approved for the various MDAs. “Three hundred billion naira would have been wasted by the Federal Government on duplicated projects inserted into the 2021 budget.

    “Federal Government would have wasted another N100billion in the 2022 budget if not tracked and intercepted by the ICPC.

    “The same pre-emptive move saved the country from spending N49.9 billion on payment of salaries to ghost workers inserted into payrolls by the fraudulent MDAs between January and June this year.

    “Names of MDAs involved in projects duplications and fictitious payrolls are available and will be forwarded to the committee,’’ he said.

    Owasannoye explained that ICPC’s interception ensured that monies for the fraudulent acts were prevented from being released to the affected MDAs. “It is gratifying that the Federal Ministry of Finance and the Accountant-General’s Office cooperated with us’,’’ he stressed.

    The ICPC chairman advised relevant committees of the National Assembly to look out for such projects duplication in the proposed N19.76 trillion 2023 budget.

    “From our own end, detection of such projects is done by verifying their locations and names, upon which we tell the appropriate authorities not to release wrongly budgeted monies,’’ he said.

    In his remarks, chairman of the committee, Sen. Solomon Adeola (APC-Lagos West), assured that ICPC’s operational cost would be increased from the current N1.8 billion.

    “This committee is impressed by the proactive ways your commission has adopted in the fight against corruption.

    “Your submissions clearly shows that all hopes are not lost for our dear country as far as fighting corruption is concerned.

    “Your operational cost which is N1.8 billion will be increased as required impetus for more proactive measures against corrupt practices across the various MDAs,’’ Sen. Adeola said.


    NewsSourceCredit: NAN