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HomeMetro NewsICPC Recovers N454 bln and Secures 90 Convictions in Anti-Corruption Efforts

ICPC Recovers N454 bln and Secures 90 Convictions in Anti-Corruption Efforts

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) announced on Wednesday that it has successfully recovered N454 billion in looted public funds and achieved 90 convictions over the past four years.

The disclosure was made by the ICPC Resident Anti-Corruption Commissioner in Osun State, Demola Bakare during an event commemorating this year’s African Union Anti-Corruption Day.

During his presentation titled “Scorecard: Highlight of the Commission’s Achievement in the Fight Against Corruption in Nigeria,” Bakare revealed that the recovered funds were obtained through various means, including funds restrained, tax intervention, cash confiscated from domiciliary accounts, rental income from forfeited properties, budget tracking, and other account assets.

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Furthermore, he reported that the ICPC had conducted investigations into 4,737 cases during the review period and successfully secured 90 convictions. Additionally, the Commission tracked 3,422 projects under the constituency and project tracking initiative.

The Controller of Correction of the Nigeria Correctional Service in Osun State, Tolu Ogunsakin, emphasized the importance of integrity among the youth. Similarly, the State Resident Electoral Commissioner of the Independent National Electoral Commission (INEC), Mutiu Agboke urged the participants to instill a sense of integrity in the younger generation.

The ICPC’s efforts in recovering substantial amounts of looted public funds and securing numerous convictions reflect Nigeria’s commitment to combating corruption.

The achievement of these milestones underscores the importance of ongoing anti-corruption initiatives and serves as a testament to the determination of the ICPC in its fight against corruption in Nigeria.

(omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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