The Guardian Nigeria News - Nigeria and World News guardian.ng 29 Sep, 2020 12:30 am

ICPC uncovers N2.67 billion diverted school feeding fundsNigeria

ICPC uncovers N2.67 billion diverted school feeding fundsNigeria
The Independent Corrupt Practices and other Related Offences Commission (ICPC), yesterday, said it had uncovered

Some of the discoveries included life payment of bulk sums to individuals/staff accounts, non-remittances of taxes and IGR, payments of unapproved allowances, bulk payment to microfinance banks, offsetting of pay arrears and perks of previous years from the 2020 budget besides payment of salary advance to workers, under-deduction of PAYE and payment of promotion owed due to surpluses in personnel cost, abuse and granting of cash advances above the approved threshold and irregular payment of allowances to principal officers.67 billion payment curiously made to some federal colleges for school feeding during the COVID-19 lockdowns, but yet diverted to personal accounts.” He added: “Nevertheless, we discovered payments to some federal colleges for school feeding in the sum of N2.67 billion during the lockdowns when the children are not in school, and some of the money ended up in personal accounts.

” The ICPC boss also said under its 2020 constituency and executive projects’ tracking initiative, 722 schemes with a threshold of N100 million were tracked across 16 states.He explained that the open treasury portal review carried out between January and August 15 this year on 268 ministries, departments, and agencies (MDAs) indicted 72 of them for N90 million malfeasance.

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