ICPC recovers N26 billion in four years – Chairman - Premium Times Nigeria

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ICPC recovers N26 billion in four years – Chairman

The Independent Corrupt Practices and Other Related Offences Commission says it recovered N26 billion from 2015 till date from public officials and companies.

“There are situations whereby our efforts lead to the recovery of asset, though much has not been done in terms of conviction.“If you look at our law, for example, it gives us powers to do enforcement which means we can investigate and prosecute. This is what leads to a conviction. “When we are recovering, we can trace to wherever the money is, which sometimes is in the hands of a company.

“But when you are doing recoveries, irrespective of how it was initiated, and you follow it to whoever is holding it to the endpoint that your investigation can reach.On the alleged level of corruption in Ministries, Departments and Agencies , Mr Owasanoye said that “not all the allegations are validated.“And where these agencies are not organised and coordinated, there will be this allegation of corruption,” he said.

 

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