Nigeria’s Independent Corrupt Practices and other related Offences Commission has uncovered N2.67bn diverted to personal accounts. The funds were paid to some federal schools for feeding of pupils during the lockdown.
ICPC Chairman, Prof. Bolaji Owasanoye, disclosed this on Monday in his keynote address at the second National Summit on Diminishing Corruption themed, ‘Together Against Corruption’ and launch of the National Ethics and Integrity Policy in Abuja.
He explained that the open treasury portal review carried out between January and August 15 this year on 268 Ministries, Departments and Agencies indicted 72 of them for N90m malfeasance.
Owasanoye explained that while 33 MDAs said N4.1bn was transferred to sub-Treasury Single Account, N4.2bn paid to individuals had no satisfactory clarifications.
“We observed that transfers to sub-TSA were to prevent disbursement from being monitored.
“Nevertheless, we discovered payments to some federal colleges for school feeding in the sum of N2.67bn during the lockdowns when the children are not in school, and some of the money ended up in personal accounts. We have commenced investigation into the matter,” he said.
