ICPC Recovers $700m, N7.3bn from Hidden Funds and Abandoned Projects

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered $700 million in stolen funds stashed in foreign accounts and N7.3 billion linked to abandoned projects across local government areas in Nigeria’s Northwest and Northeast.

 

ICPC Chairman, Dr. Musa Adamu Aliyu (SAN), disclosed this on Thursday during a one-day media dialogue with journalists in Kano. He added that the Commission also seized 14 buildings, 25 plots of land and three farmlands from individuals involved in corruption.

 

Dr. Aliyu highlighted the crucial role of the media in sustaining the anti-corruption drive, noting a growing citizen resistance to bribery and graft in the northern regions.

 

Citing a joint UNODC–NBS survey, he revealed that the Northwest recorded the country’s highest bribe-refusal rate at 76%, while the Northeast followed with 60%. Reported bribery incidents in both regions rose from 4.7% in 2019 to 13.4% in 2023, while formal actions on reported cases tripled during the same period.

 

“These are not just statistics; they tell real stories of Nigerians refusing to be exploited,” Aliyu said, urging community and religious leaders to foster a culture of integrity.

 

He further pledged to strengthen the Commission’s fight against corruption through enhanced technology deployment and the strategic positioning of operatives across the 36 states to consolidate its gains.

 

 

Related Posts

Child under the age of 12 euthanized in Netherland in first of its kind case

A seriously ill child under the age of 12 has been euthanised in the Netherlands for the first time.   The child’s mercy k!lling was revealed in a letter to…

Iran’s U.S. entry terms changed for final group game

The United States will ease travel restrictions imposed on the Iranian team during the World Cup, allowing them to arrive in Seattle two days before their next match, the US…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Child under the age of 12 euthanized in Netherland in first of its kind case

Child under the age of 12 euthanized in Netherland in first of its kind case

Iran’s U.S. entry terms changed for final group game

Iran’s U.S. entry terms changed for final group game

US court sentences Anambra LG chairman to five years imprisonment for $3.5m romance scam

US court sentences Anambra LG chairman to five years imprisonment for $3.5m romance scam

I don’t see the level of hunger Nigerians are complaining about – Presidential media aide, Bayo Onanuga

I don’t see the level of hunger Nigerians are complaining about – Presidential media aide, Bayo Onanuga

State Police: Lawyer Oshoma Warns Against Giving Governors Excessive Control

State Police: Lawyer Oshoma Warns Against Giving Governors Excessive Control

Military Launches ‘Thunder Strike’ Exercise in Bauchi

Military Launches ‘Thunder Strike’ Exercise in Bauchi