ICPC Returns 980mln Naira Looted Funds

Channels Television  
Updated September 15, 2015

Ekpo-NtaThe Independent Corrupt Practices and other related offences Commission (ICPC), on Tuesday, returned to the coffers of the Ministry of Environment, 924 million Naira fraudulently diverted to different company accounts under the Great Green Wall Desertification Intervention Program of the Federal Government.

The Chairman of the Commission, Mr Ekpo Nta, said the ICPC was alerted on the forged payment which was presented to the Ministry’s bank by its Permanent Secretary¬† in December 2014.

The ICPC also recovered 56.2 million Naira from a Federal Pay Officer in Ogun State, being part of 103 million Naira diverted from funds appropriated for capital projects and meal subsidies of students of three Federal Government Colleges in the state.

Mr Nta said that the successes so far in the recovery and return of the looted public funds were hinged on the prompt alarms raised.