The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Professor Bolaji Owasanoye, said that the agency does not spend money recovered from individuals and corporate entities.
Corruption: We did not spend recovered funds ― ICPC Corruption: We did not spend recovered funds ― ICPC
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The Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, on Thursday, said all monies recovered and generated by the commission were paid into the coffers of the Federal Government.
Professor Owasanoye, according to a statement by the ICPC spokesperson, Mrs Azuka Agugua, disclosed this when he appeared before the Senate Committee on Finance, investigating the activities of revenue-generating agencies of the government, in Abuja
He told the committee that ICPC has no retention powers over funds or assets recovered from corrupt people.
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Views: Visits 23 Kassim Afegbua Alleges threats to life Afegbua is a rumour monger, a clown, PDP replies By Dirisu Yakubu Former Edo State Commissioner of Information, Prince Kassim Afegbua, Wednesday, reiterated his commitment to have the finances of the Peoples Democratic Party, PDP, audited in line with the party’s pursuit of transparency and accountability in governance. This is as the Okpella, Edo State-born politician, a member of the party said national chairman of the party, Prince Uche Secondus must account for the revenue generated through the sales of nomination forms and donations from PDP members since the Secondus-led National Working Committee assumed office in 2017.
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At Thursday’s plenary session, the lower legislative chamber also urged the federal government to employ him in the Nigerian university system upon the completion of his studies in Japan.
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had found a wallet containing a “huge sum of money” while on his way home in Japan in June 2020.
Not only did he return it for the owner, but he also refused to collect a percentage of the money that he is entitled to by law.
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The house debated the matter following a motion sponsored by Miriam Onuoha and Musa Bagos from Imo and Plateau respectively.
In her lead debate, Onuoha said a nation is portrayed by the manifestation of the character and values of its citizens.