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ICPC announces recovery of N13bn looted funds

POSTED ON October 3, 2024 •   Politics      BY Benedicta Bassey
The Chairman, Independent Corrupt Practices and Other Related Offences Commission, Dr Musa Aliyu (SAN)/ Photo credit: ICPC

The Chairman, Independent Corrupt Practices and Other Related Offences Commission, Dr Musa Aliyu (SAN)  has announced the recovery of N13bn diverted public funds in September.

He made this announcement at the launch of ICPC Strategic Action Plan 2024-2028 in Abuja.

He added that the recovery feat served as a testament to the commission commitment at combating corruption and ensuring accountability in Nigeria.

Dr Aliyu said, “The ICPC has made significant progress in discharging its mandate. For example, we recovered over N13bn diverted public funds in September 2024 alone. This is just one of the many ways we have worked tirelessly to fulfill our mandate.

“We are also embarking on ICT reforms that will digitalise our operations and enable more efficient investigations, case management, and internal processes.

“This transformation will position the commission as a leader in leveraging technology to combat corruption, keeping us one step ahead of criminal activities in the digital age,” he said.

Aliyu said the commission was also developing a specialised curriculum aimed at enhancing the enforcement capacity of ICPC personnel.

“This initiative equips our officers with the skills and expertise needed to address the complexities of corruption cases with the highest standards of professionalism and efficiency. We are decentralising the anti-corruption efforts by empowering state governments through the mobilisation of state attorneys-general. This approach ensures that state governments are equipped with the tools, knowledge, and resources necessary to effectively combat corruption at the local level,” he said.

A key part of this initiative is our upcoming EthicsPod digital community, designed to foster a culture of transparency and accountability across both public offices and everyday life nationwide.

“These efforts are part of a comprehensive strategy, forming the backbone of our Strategic Action Plan 2024-2028, which builds on our past achievements and charts a clear path for the future,” he said.

“SAP, in line with our ‘CARE for Impact’ initiative (Culture, Accountability, Responsibility, and Efficiency), provided a comprehensive roadmap for achieving our goals over the next five years.

“It aligns with key national policies such as the Nigeria Agenda 2050, the National Anti-Corruption Strategy 2022-2026, and the National Ethics and Integrity Policy, among others.

“As part of this strategy, we will continue to strengthen our institutional integrity and deepen collaborations with other stakeholders,” he said.

The ICPC boss stressed the need to intensify efforts on prevention of corruption and corrupt practices.

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