• About
  • Advertise
  • Contact
Tuesday, April 28, 2026
  • 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

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

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

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede
Culture

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

April 28, 2026
Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent
Foreign

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

April 27, 2026
Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC
National

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

April 27, 2026
Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja
News

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

April 26, 2026
Trafficking : Ogun Woman Rescued In Cairo, Flown Back To Nigeria
Crime

Trafficking : Ogun Woman Rescued In Cairo, Flown Back To Nigeria

April 26, 2026
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

APC Woman Leader, Kemi Nelson dies at 66

4 years ago
Abiodun Donates N10mln To Legionnaires, Launches 2024 Armed Forces Remembrance Emblem

Abiodun Donates N10mln To Legionnaires, Launches 2024 Armed Forces Remembrance Emblem

2 years ago
Kogi Guber Poll : INEC Vows To Cancel Election Results Declared Under Duress

Kogi Guber Poll : INEC Vows To Cancel Election Results Declared Under Duress

3 years ago
Court Convicts 125 Boko Haram Terrorists, Terrorism Financiers

Court Convicts 125 Boko Haram Terrorists, Terrorism Financiers

2 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
  • ICT
  • 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 Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

Gunmen Attack Orphanage In Kogi, Abduct 23 Children, Wife Of Proprietor, Govt Confirms Rescue Of 15 Victims

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

Trafficking : Ogun Woman Rescued In Cairo, Flown Back To Nigeria

Trending

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede
Culture

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

by Vital News
April 28, 2026
0

Osun State government has said that Oba Gbenga Oloyede has not been deposed as Apetu of Ipetumodu...

Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan

Governor Fintiri Confirms Killing Of 29 Residents By Terrorists In Adamawa Community

April 28, 2026
NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

April 28, 2026
Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

April 27, 2026
Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

April 27, 2026
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

  • Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede April 28, 2026
  • Governor Fintiri Confirms Killing Of 29 Residents By Terrorists In Adamawa Community April 28, 2026
  • NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment April 28, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • 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