ICPC Chairman applauds FG over Commission’s 2019 Funding

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The Chairman of the Independent Corrupt Practices and Other Related
Offences Commission (ICPC), Prof. Bolaji Owasanoye, has expressed his
appreciation to the federal government for improved budget funding of
the activities of the Commission in the year 2019.

Prof. Owasanoye was speaking at the Commission’s end-of-year staff
get-together which also provides an opportunity to send off officers who
had retired within the year. He said he was highly pleased with the
Commission’s funding profile in the current year, noting that it had
been placed on the list of priority agencies for funding and had enjoyed
94% Over-head; 100% Capital; and 100% Salary releases in the year under
consideration.

The ICPC Chairman also applauded President Muhammadu Buhari for granting
approval for an intervention fund to enable the Commission procure 40
vehicles as well as forensic investigation and security equipment to aid
its operations.

Prof. Owasanoye also said that donor funding for the year had been
unprecedented as direct and indirect support had been received from
organisations such as UKAid, Department for International Development
(DFID), MacArthur Foundation, and ActionAid . He put the figures at
about $1.5m in grant, and E2m (pounds) in indirect support through
third-party agents who would support ICPC’s work.

The ICPC Chairman was proud to announce what he regarded as the “modest
progress” made in a number of areas of the Commission’s work. He said
ICPC had contributed significantly to government programme and agenda,
especially for the poor. According to him, the recent partnership forged
with the National Social Investment Office to root out corrupt practices
in the implementation of FG’s social investment programmes such as the
school feeding and conditional cash transfer programmes had begun to
yield results, and would therefore position government to better help
the poor.

He listed other collaborative initiatives that were assisting government
programmes to include the Illicit Financial Flows (IFF)/Tax Group with
the FIRS; the Constituency Projects Tracking Group; and the
DSS/FRSC/ICPC collaboration for tackling corruption on the nation’s
highways.
Prof. Owasanoye was enthusiastic in announcing the result of recovery
efforts of the Commission in the year. He revealed that over 300 hundred
properties acquired with the proceeds of crime by corrupt persons had
been either under interim seizure or permanent forfeiture, adding that
ICPC had prevented over N30b from being corruptly taken from government
treasury through its corruption-prevention activities, while N20b had
been recovered.

He vowed that going forward, the Commission would pursue the option of
seizures with more verve as it was the current global trend, and that it
also helped to emasculate the ability of corrupt persons to frustrate
legal actions taken against them with the proceeds of their criminal
activities.

Apart from the retiring staff who were honoured with plaques and gifts
at the event, 10 deserving officers from across the Commission’s
departments and units were acknowledged with performance merit awards.

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