• About
  • Advertise
  • Contact
Sunday, November 16, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

Corruption : ICPC Recovers N117bln Looted Funds

Vital News by Vital News
November 17, 2022
in National, News
0
Share on FacebookShare on Twitter

Abuja – The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, SAN, says the commission recovered over N117bn between January and August 2022.

Professor Owasanoye made the disclosure before the House of Representatives committee on Anti-Corruption and Appropriation during the Commission’s defence of the 2023 budget proposal in Abuja.

While speaking on the 2022 budget performance, the chairman gave a breakdown of the recoveries to include N1.413bn and $225,965 in ICPC/TSA recovery account and N1.264bn cash through tax intervention.

Other recoveries include plots of land, completed buildings, vehicles, electronics and jewellery valued at N679.13m, N2.603bn, N81.1m, N1.55m and N195,500 respectively.

The ICPC boss added that the commission restrained N49.9bn through System Study and Review intervention; N6.435bn cash through budget tracking; N53.91bn through ICPC advisory and N614.2m in other accounts.

RelatedStories

‎Nigeria’s Listing Of N1trillion Fund For Housing Is Transformative – TMV

Governor Fintiri Kicks As PDP Expels Wike, Fayose, Anyanwu, Others

TSF Hails President Tinubu For Uniform Housing Rates, Lauds Bold Reforms In Housing Sector

Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time

Apart from the recoveries, the chairman also highlighted other accomplishments of the commission during the 2022 budget cycle to include but not limited to the completion of 672 investigations as well as 565 non-petition-led investigations; securing of 15 convictions; 538 projects tracked under Constituency and Executive Projects Tracking Initiative (CEPTI); deployment of Ethics and Integrity Compliance Scorecard on 260 MDAs; Review of Open Treasury Portal in 30 MDAs; System Study and Review of 10 MDAs; inauguration of 26 Anti-Corruption and Transparency Units (ACTUs); 14 Corruption Monitoring activities undertaken; and public enlightenment and education of Nigerians on and against corruption through various platforms.

Making his contribution during the budget defence, the Chairman, House of Representatives Committee on Anti-Corruption, Honourable Nicholas Garba Shehu, lauded the ICPC chairman and his board members for providing dynamic and visionary leadership.

He noted that their leadership style has completely turned around the fortunes of the commission to a vibrant and viable anti-corruption agency.

Garba enjoined them not to relent but to continue to soar higher.

He, therefore, called on the Federal Government to release the remnant of the commission’s 2022 budget to enable it to accomplish its target.

The committee chairman also urged ICPC to develop a whistleblowing mobile app so that Nigerians can take advantage of it to report acts of corruption wherever they are.

Tags: ICPCjewelrymoneyrecover
Previous Post

2023 : Catholic Church Tasks FG On Violence-free Elections

Next Post

NIMASA Seeks BPSR Guidance To Strengthen Reforms Unit

Vital News

Vital News

RelatedStories

C-ISOWN Praises President Tinubu On Credible Delivery Of Social Welfare Programmes, Achievements In Nigeria
Environment

‎Nigeria’s Listing Of N1trillion Fund For Housing Is Transformative – TMV

November 15, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South
News

Governor Fintiri Kicks As PDP Expels Wike, Fayose, Anyanwu, Others

November 15, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT
Environment

TSF Hails President Tinubu For Uniform Housing Rates, Lauds Bold Reforms In Housing Sector

November 14, 2025
Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time
News

Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time

November 14, 2025
President Tinubu Reappoints Brig-Gen. Mohamed Buba Marwa As Chairman Of NDLEA
National

Marwa’s Reappointment As NDLEA Chairman, A Vote For Competence, Integrity — Gov. Dapo Abiodun

November 14, 2025
Next Post

NIMASA Seeks BPSR Guidance To Strengthen Reforms Unit

Some State Governors Are Encouraging Political Violence – IGP Baba

2023 : South East Businessmen Donate N1 billion To Tinubu

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

Abia Secures $750mln World Bank Support For Renewable Energy

3 months ago
Student Loan Programme For Both Federal, State Institutions – NELFUND

NELFUND Disburses July Stipends To 20,371 Students In Six Institutions

1 year ago

Kwankwaso Not A Spoiler, In 2023 Presidential Race To Win – NNPP

3 years ago

Dangote Fertilizer Plant Will Boost Agric. Devt – NACCIMA

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time

Marwa’s Reappointment As NDLEA Chairman, A Vote For Competence, Integrity — Gov. Dapo Abiodun

President Tinubu Reappoints Brig-Gen. Mohamed Buba Marwa As Chairman Of NDLEA

TDF Says Tinubu’s Reaction To Trump’s Threat Cautious, Mindful Of long-standing US-Nigeria relations ‎

OGUNCCIMA Faults FG’s Decision To Suspend Implementation Of 15% Tax On Importation Of Petrol, Diesel

Osun 2026 : Omisore Leads As APC Commences Sale Of Nomination, Expression Of Interest Forms

Trending

C-ISOWN Praises President Tinubu On Credible Delivery Of Social Welfare Programmes, Achievements In Nigeria
Environment

‎Nigeria’s Listing Of N1trillion Fund For Housing Is Transformative – TMV

by Vital News
November 15, 2025
0

The Tinubu Media Volunteers (TMV) says the listing of the N1tr MOFI Real Estate Investment Fund (MREIF)...

PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South

Governor Fintiri Kicks As PDP Expels Wike, Fayose, Anyanwu, Others

November 15, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT

TSF Hails President Tinubu For Uniform Housing Rates, Lauds Bold Reforms In Housing Sector

November 14, 2025
Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time

Ogun Gets Ultramodern Exco Chamber, Abiodun Says Infrastructure Will Stand Test Of Time

November 14, 2025
President Tinubu Reappoints Brig-Gen. Mohamed Buba Marwa As Chairman Of NDLEA

Marwa’s Reappointment As NDLEA Chairman, A Vote For Competence, Integrity — Gov. Dapo Abiodun

November 14, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • ‎Nigeria’s Listing Of N1trillion Fund For Housing Is Transformative – TMV November 15, 2025
  • Governor Fintiri Kicks As PDP Expels Wike, Fayose, Anyanwu, Others November 15, 2025
  • TSF Hails President Tinubu For Uniform Housing Rates, Lauds Bold Reforms In Housing Sector November 14, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In