ICPC acquires N117 billion in just eight months.

ICPC acquires N117 billion in just eight months.

ICPC acquires N117 billion in just eight months -The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) recovered more than N117 billion between January and August 2022.

Professor Bolaji Owasanoye, the chairman of the ICPC, revealed the information while testifying in Abuja before the House of Representatives committees on appropriations and anti-corruption.

ICPC Spokesperson Azuka Ogugua stated on Thursday that the Chairman provided a breakdown of the recoveries, which included N1.413 billion and $225,965 in the ICPC/TSA recovery account and N1.264 billion in cash through tax intervention.

Plots of land, finished structures, automobiles, electronics, and jewelry valued at N679.13m, N2.603bn, N81.1m, N1.55m, and N195,500, respectively, are among the other recoveries.

According to the head of the ICPC, the Commission cut down N49.9 billion through System Study and Review intervention, N6.435 billion in cash through budget tracking, N53.91 billion through ICPC advisory, and N614.2 million in other accounts.

In addition to the recoveries, the Chairman highlighted the Commission’s other achievements during the 2022 budget cycle, such as the conclusion of 672 investigations as well as 565 non-petition-led investigations, the achievement of 15 convictions, the deployment of 538 projects tracked under the Constituency and Executive Projects Tracking Initiative (CEPTI), the deployment of Ethics and Integrity Compliance Scorecard on 260 MDAs, and the review of the open Treasury Porta

The Chairman of the House of Representatives Committee on Anti-Corruption, Honourable Nicholas Garba Shehu, spoke during the budget defense and praised the ICPC Chairman and his board members for their visionary and dynamic leadership, noting that their approach has completely changed the Commission’s fortunes and transformed it into a successful and vibrant anti-corruption organization.

They were admonished by Honorable Garba to keep flying and not let up.

In order for the Commission to reach its goal, he consequently urged the Federal Government to provide the remaining funds from its 2022 budget.

The chairman of the committee urged the ICPC to create a mobile app for reporting corruption so that Nigerians could use it wherever they were to do so.

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