The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says that the commission has recovered cash and assets valued at N40 billion and $966 from corrupt persons in the last one year.
The Chairman of the anti-corruption agency, Dr. Musa Adamu Aliyu, SAN, made this known in his welcome address on Tuesday, while celebrating his one year in office.
Dr. Aliyu said, “We recovered ₦29.700 billion in cash, domiciled in ICPC recovery accounts, N10.986 billion VAT was recovered and remitted to FIRS, N10 billion covid-19 vaccine fund meant for production of vaccine was also remitted to the treasury and Value of asset through final forfeiture was N2.5 billion.
He said that the commission retrieved $966,900.83, which is now secured in the ICPC-CBN account balance brought forward.
“The Commission just completed the tracking of 1,500 projects, valued at N610 billion, nationwide under CEPTI Phase.
“Upon completion of tracking field work last week, follow-up activities are ongoing and the report is being collated. However, the report of the Phase 6 exercise conducted about this same time last year is ready and will be released to the public today.“
On petition handling, prosecution, the commission has processed 851 petitions, with 342 assigned for investigation, 95 fully investigated, 72 cases filed in court, and 16 convictions secured.
“In this regard, we are streamlining our processes to ensure faster and more effective prosecution of cases, leading to the resuscitation of 10-15-year-old cases in courts,” he said.
He said that the commission has advanced the fight against sexual harassment and corruption in educational institutions and public offices, achieving ongoing prosecutions and increased public support.
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