In its continuing effort to rid public sector institutions of corruption and related fraud, the Independent Corrupt Practices and other related offences Commission has uncovered the diversion of N250m belonging to the government into private pockets.
The commission has already taken into custody the kingpin in the fraud, who is an accounts staff of UDUTH. ICPC has also commenced efforts to recover the proceeds of this fraud through the seizure of exotic cars and real estate properties from the main culprit. In a statement by spokesperson for the ICPC, Mrs Rasheedat A. Okoduwa, the commission said, “For instance, failure to cross-check and reconcile the execution of its budget and allowing officers from the Finance and Account department to access another officer's password on the platform present real threats and vulnerabilities.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »