ICPC Uncovers Massive Stealing Of Fund From Budget By Civil Servants

Independent Corrupt Practices and Related Offences Commission (ICPC) says it has uncovered a massive misappropriation of fund by civil servants in federal Ministries, Departments and Agencies (MDA) in the federal budgets

The anti graft agency says it uncovered the manipulation of the budget while undertaking a system study review of budget implementation

The ICPC chairman, Professor Bolaji Owasonye made this known while speaking during the budget office/ICPC interactive forum with directors, Directors of Internal Audit and Finance Directors

In the review of 208 federal agencies in 2019, he says that ICPC discovered that N31.8 billion personnel cost was surplus from 2017 and 2018 Other infractions, according to him, was the misappropriation of N19.8 billion from personnel cost and N9.2 billion from capital fund

YOU CAN ALSO READ: ICPC Accuses Federal Lawmakers Of Compromising Oversight Functions

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