The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday revealed that it has uncovered a whopping N2.67 billion payment made to some federal colleges for school feeding during the lockdown when children were not in school, which ended up in personal accounts.

ICPC Chairman, Prof. Bolaji Owasanoye, made the disclosure Monday in his keynote address at the second National Summit on Diminishing Corruption with the theme: “Together Against Corruption and Launch of the National Ethics and Integrity Policy,” held at the Presidential Villa, Abuja.

He explained that in the Open Treasury Portal review carried out between January to August 15, 2020, out of 268 Ministries, Departments and Agendas (MDAs) 72 of them had cumulative infractions of N90 million.

He said while 33 MDAs tendered explanations that N4.1 billion was transferred to sub-TSA, N4.2 billion paid to individuals had no satisfactory explanations.

According to Owasanoye, “We observed that transfers to sub-TSA was to prevent disbursement from being monitored.

“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 finding.”

The ICPC helmsman also said under its 2020 constituency and executive projects tracking initiative, 722 projects with a threshold of N100 million (490 ZiP and 232 executive) was tracked across 16 states.
He noted that a number of projects described as ongoing in the budget, were found to be new projects that ought to have been excluded in order to enable government complete exiting projects; absence of needs assessment resulted in projects recommended for communities that do not require them being abandoned; projects sited in private houses on private land thus appropriating common asset to personal use, hence denying communities of the benefit; absence of synergy between outgoing project sponsors and their successors.

The ICPC chairman said in education sector, 78 MDAs were reviewed and common cases of misuse of funds were uncovered.

Some of the discoveries include life payment of bulk sums to individuals/staff accounts, including project funds; non-deductions/remittance of taxes and IGR; payments of unapproved allowances, bulk payment to micro finance banks, payment of arrears of salary and other allowances of previous years from 2020 budget, payment of salary advance to staff, under-deduction of PAYE and payment of promotion arrears due to surplus in Personnel Cost, abuse and granting of cash advances above the approved threshold and irregular payment of allowances to principal officers.

“We have restrained or recovered by administrative or court interim and final orders assets above N3 billion, facilitated recovery of $173,000 by the whistle blower unit of FMFB&P from an erring oil company, retrained £160,000 in a UK-bank in an ongoing interim forfeiture. This figures exclude quantum of recoveries on return or contractors to site as a result of projects tracking initiatives.

“It should however be noted that some of these assets are subjected to ongoing cases and where suspects proved their cases physical or liquid assets will be released in accordance with laid down laws, guidelines or court directives.”

He said in order to boost community involvement for its 20th anniversary, it launched in July, N20 million from ICPC 20 project with two main competitions aimed at provoking youth creativity and support for the fight against corruption. These were the National Music Competition and National Essay Competition for Junior and Senior Secondary Schools with Anti-Corruption or Integrity Clubs.

Source:
https://m.guardian.ng/n2.67bn-school-feeding-funds-discovered-in-private-accounts-icpc

I'm not surprised.....Our politicians are all devils!

[img]https://media./images/ac5ecb53eda4d3011be648f4873987ac/tenor.gif[/img]

I rest my case.

Buhari, e be like dis country really pass your power.

N2.7b in a private account and the bank is silent.

The first time N10m was transfered into my acc, the bank didn't allow me to even recharge my phone with airtime until i explain the transfer, what for, and by who.

My brother it is well with Nigerian public office holders. From top to the buttom

pyo come and defend urself

Majority of Nigerians complained that feeding students during the luckdown is tantamount to encouraging corruption, but the government insist by deliberately enriching certain people. Buhari is a saint walahai

“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 finding.”

We Nigerians have shock absorbers.

Advanced


Party

of


Crooks

Simplyleo:
I rest my case.

Buhari, e be like dis country really pass your power.

N2.7b in a private account and the bank is silent.

N10m transfered into my acc, the bank wont allow me to even recharge my phone with airtime until i explain the transfer and what for, by who.

.....!!!!!!

Buhari is shocked right now

Nigeria is dead.

Simplyleo:
I rest my case.

Buhari, e be like dis country really pass your power.

N2.7b in a private account and the bank is silent.

The first time N10m was transfered into my acc, the bank didn't allow me to even recharge my phone with airtime until i explain the transfer, what for, and by who.

BABA i beg i fit see 10k borrow ? My mood depends on it. Thanks sir

HomerTimpson:
BABA i beg i fit see 10k borrow ? My mood depends on it. Thanks sir

Go to your bank.

They will borrow you even 100k.

The will blame buhari for this as usual...

forgetting that it's the citizens carrying out the corruption....




Thread Seen.......

Can Nigeria still surprise you?...

Without been hypocritical,, there's a kind of embezzlement I like, but you see the one they do in Nigeria, it's out of imagination,,, I now believe there's this Spirit of heavy embezzlement hovering around our Government places

N2.7bn?

The money is meant to feed that account na. Naija and thief-theif.

When that Disaster Minister embarked on school feeding during lockdown, we knew it was a scam.

Who will rescue Nigerians.

When sane people spoke about the fraud in the whole social welfare policy, they were insulted.

When this 'regime' leaves office, the corruption that will be exposed will surpass anything we had ever experienced since 1960...

I'm not herr.....Our pols are all demons!

We don't have hope again. And we are so helpless as it stands. If after all what Nigerians shouted on social media, such huge amount is being looted, then we are done for.

The only solution to our helplessness is if we could form a top notch secret group that will kill everyone who has a history of stealing our common wealth.

Imagine if the president is broght down, VP, governors, public servants in strategic positions....then the message will be sent and anyone who's access to public funds will think twice before stealing it. Apart from that, forget it. Everyone has been infected with corruption.

ODJ124:
The will blame buhari for this as usual...

forgetting that it's the citizens carrying out the corruption....




Thread Seen.......

If I Chuck your mouth! Ehn!!

Who appointed them to that position?

Uneasy lies on the head that wears the Crown. If it's praises who they we accorded them to? conversely, ready to take the blames when they arrive

adenigga:
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday revealed that it has uncovered a whopping N2.67 billion payment made to some federal colleges for school feeding during the lockdown when children were not in school, which ended up in personal accounts.

ICPC Chairman, Prof. Bolaji Owasanoye, made the disclosure Monday in his keynote address at the second National Summit on Diminishing Corruption with the theme: “Together Against Corruption and Launch of the National Ethics and Integrity Policy,” held at the Presidential Villa, Abuja.

He explained that in the Open Treasury Portal review carried out between January to August 15, 2020, out of 268 Ministries, Departments and Agendas (MDAs) 72 of them had cumulative infractions of N90 million.

He said while 33 MDAs tendered explanations that N4.1 billion was transferred to sub-TSA, N4.2 billion paid to individuals had no satisfactory explanations.

According to Owasanoye, “We observed that transfers to sub-TSA was to prevent disbursement from being monitored.

“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 finding.”

The ICPC helmsman also said under its 2020 constituency and executive projects tracking initiative, 722 projects with a threshold of N100 million (490 ZiP and 232 executive) was tracked across 16 states.
He noted that a number of projects described as ongoing in the budget, were found to be new projects that ought to have been excluded in order to enable government complete exiting projects; absence of needs assessment resulted in projects recommended for communities that do not require them being abandoned; projects sited in private houses on private land thus appropriating common asset to personal use, hence denying communities of the benefit; absence of synergy between outgoing project sponsors and their successors.

The ICPC chairman said in education sector, 78 MDAs were reviewed and common cases of misuse of funds were uncovered.

Some of the discoveries include life payment of bulk sums to individuals/staff accounts, including project funds; non-deductions/remittance of taxes and IGR; payments of unapproved allowances, bulk payment to micro finance banks, payment of arrears of salary and other allowances of previous years from 2020 budget, payment of salary advance to staff, under-deduction of PAYE and payment of promotion arrears due to surplus in Personnel Cost, abuse and granting of cash advances above the approved threshold and irregular payment of allowances to principal officers.

“We have restrained or recovered by administrative or court interim and final orders assets above N3 billion, facilitated recovery of $173,000 by the whistle blower unit of FMFB&P from an erring oil company, retrained £160,000 in a UK-bank in an ongoing interim forfeiture. This figures exclude quantum of recoveries on return or contractors to site as a result of projects tracking initiatives.

“It should however be noted that some of these assets are subjected to ongoing cases and where suspects proved their cases physical or liquid assets will be released in accordance with laid down laws, guidelines or court directives.”

He said in order to boost community involvement for its 20th anniversary, it launched in July, N20 million from ICPC 20 project with two main competitions aimed at provoking youth creativity and support for the fight against corruption. These were the National Music Competition and National Essay Competition for Junior and Senior Secondary Schools with Anti-Corruption or Integrity Clubs.

Source:
https://m.guardian.ng/n2.67bn-school-feeding-funds-discovered-in-private-accounts-icpc 

.then let heads start rolling.

durasome:
.then let heads start rolling.

Can Bubu do that?

The painful part is that the Buhari Osinbanjo govt was warned about the glaring scam of feeding Imaginary students during the lockdown but Buhari no gree hear ...

On d virtual school feeding shit,we have two females version of Abacha;
Minister of Disaster- Sadiya Faroup
Min. of Fin