How we prevented MDAs from diverting N189 billion in two years – ICPC Chair
Mr Owasanoye says most of the monies came about through budget manipulation.
The
Independent Corrupt Practices and other related offences Commission (ICPC) has said it blocked the diversion of N189 billion unspent surplus personnel costs across Federal Government establishments between 2019 and 2020.
The ICPC Chair, Bolaji Owasanoye, said the commission’s findings revealed that the money came about through budget manipulation by government officials resulting in most Ministries, Departments and Agencies (MDAs) receiving allocations and releases beyond their actual needs.
Mr Owasanoye, who spoke at a one-day forum held in Abuja on Wednesday, said the discoveries were made during a mop-up exercise across 208 MDAs, through the Federal Government Open Treasury Portal (OTP).
Investigate budgets, Daily Trust Foundation chair tells media
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Corruption has continued in MDAs despite Open Treasury Portal
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Mo Ibrahim, Okonjo-Iweala, Adesina, others to speak at Ehingbeti
On
By Babajide Komolafe
Ehingbeti, the Lagos Economic Summit, will begin tomorrow with notable business leaders and political figures across the globe joining the private sector in setting agenda for Lagos State towards the next decade.
The summit is living-up to its reputation as Africa’s most practical and result-oriented private sector-led forum for socio-economic and infrastructural development, with the quality of speakers confirmed to mount the podium at the sessions
Themed, ‘For a Greater Lagos: Setting The Tone For The Next Decade’, Ehingbeti 2021 has drawn about 150 speakers from across the world to discuss and deliberate on pragmatic optimization of the inherent opportunities in Africa’s 5th largest economy and offer perspectives on how to manage the peculiar socio-economic landscape of Lagos State in the coming decade.
Segun James
President Muhammadu Buhari; Lagos State Governor, Mr. Babajide Sanwo-Olu; former Governor of Lagos State, Senator Bola Tinubu; and the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, will be among the dignitaries that will speak at Ehingbeti, the Lagos Economic Summit, which will begin tomorrow.
Other notable business leaders and political figures across the globe will also at the summit join the private sector in setting agenda for Lagos State towards the next decade.
According to a statement issued by the Lagos State government, the summit is living-up to its reputation as Africa’s most practical and result-oriented private sector-led forum for socio-economic and infrastructural development, with the quality of speakers confirmed to mount the podium at the sessions