ICPC: N2.67bn for school feeding during lockdown ended up in private accounts
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says the sum of N2.67 billion paid to some federal colleges for school feeding during the COVID-19 lockdown ended up in private bank accounts.
Bolaji Owasanoye, ICPC chairman, made the disclosure in his keynote address at the second national summit on diminishing corruption.
The summit themed, ‘Together Against Corruption and Launch of the National Ethics and Integrity Policy’, was held at the council chambers of the presidential villa, Abuja on Monday.
Owasanoye said under the open treasury portal review carried out from January to August 15, out of 268 ministries, departments and agencies (MDAs) 72 of them had cumulative infractions of N90 million.
According to him, while 33 MDAs gave explanations that N4.1 billion was transferred to subsidiary treasury single account (sub-TSA), N4.2 billion paid to individuals had no satisfactory explanations.
“We observed that transfers to sub-TSA was to prevent disbursement from being monitored,” Owasanoye said.
“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 findings.”
The ICPC chairman said under its 2020 constituency and executive projects tracking initiative, 722 projects with a threshold of N100 million were tracked across 16 states.
He said a number of projects described as ”ongoing” in the budget were found to be new projects that ought to have been excluded so as to enable the government to complete existing projects.
According to Owasanoye, the agency also discovered over N2.5 billion appropriated by a deceased senior civil servant in the ministry of agriculture for himself while in office.
On asset recovery, he said the commission recovered N16 billion from the ministry of agriculture paid into individual accounts for non-official purposes.
He listed other assets recovered in the ministry to include 18 buildings, 12 business premises and 25 plots of land.
Does anyone remember when when T.O.S. Benson was the Minister of Communication in the first Republic? He was accused of taking a 10% BRIBE but justified it because of the effort he put in into obtaining the loan for the P & T of the day. From then, he was known as Mr 10 Percent!
We should Name and Shame all these Corrupt Guys. All the Looted money should be recovered from their family. It should also be Passed Into Law that The Family of Anyone Receiving Looted Funds from Family Members WILL GO TO JAIL FOR KNOWINGLY RECEIVING STOLEN PROPERTY!!