[size=13pt]ICPC recovered N12bn stolen funds —Olamiti[/size]

Written by Idowu Samuel Friday, 21 October 2011

THE Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Thursday, said its battle against corruption over the years has been yielding dividends.

The ICPC said it had been able to recover stolen funds from public officials to the tune of N12 billion and had remitted same to government coffers.

The national co-ordinator of ICPC’s National Volunteers Corps (NAVC), Mr Folu Olamiti, made this known during a ceremony marking the launch of Abuja chapter of the corps, stressing that the new initiatives by the anti-graft agency were good enough to reduce acts of corruption to the barest minimum in no distant future.

He said the new methods adopted by ICPC in fighting corruption had worked effectively in countries like Singapore, United Arab Emirate, Malaysia, Botswana and other countries, and enjoined members of the Volunteers Corps to work hard in taming the menace of corruption in their areas of operation.

He said, “ NAVC, FCT chapter, is an important chapter that would be closely supported and monitored by the commission. The spillover effects of its activities should help in reducing the attendant problems of corruption in all Federal Government offices. The activities of NAVC in FCT have the potential of supporting President Goodluck Jonathan’s transformation agenda through the fight against corruption and other related offences.”

http://tribune.com.ng/index.php/news/30047-icpc-recovered-n12bn-stolen-funds-olamiti

Been a while, since I heard the name "Folu", I hear "Tolu" more often.

Is it Foluwa, Foluremi, Foluwagbo?

Anywaz, is ICPC diff from EFCC?

They are both toothless,stuupid and non functional. I guess they are thesame.

Ileke-IdI:

Been a while, since I heard the name "Folu", I hear "Tolu" more often.

Is it Foluwa, Foluremi, Foluwagbo?

Anywaz, is ICPC diff from EFCC?

Is ICPC still breathing? Who are the public officials from whom the funds were recovered? What punishment did they get? How many cases is ICPC working on now?

I guess this clay-footed agency is trying to justify its existence as calls for the government to cut its running costs continue to top discussions.

Rhino.5dm:

They are both toothless,stuupid and non functional. I guess they are thesame.

Yeah you are correct, Just that EFCC works for Obasanjo, Thereby making it more popular

its a pity Icpc has not really been effective,one must say.

so were is de money

ICPC or Govt., please show us how/what you did with the ones you have recovered from inception and how/what this one will be used for?
Am waiting,

engr j:

so were is de money

Its in the same place like recovered Abacha's loot.Vicious cycle.
You guess where.

Pls sorry my pple, how do i start a new topic on nairaland, i have some burning in my heart to share pls, help

Where is abacha's loot ? Where is tafa balogun's loot ? Where are the money recovered from yahoo boys and politicians all these while ? Icpc ko,opc ni.

Pls sorry my pple, how do i start a new topic on nairaland, i have some burning in my heart to share pls, help

Good work kip it up plssssssssssssssssssssssssss

@Alexola2o, thank you my man, i really appreciate it a lot

are they (ICPC) sure they remited the said amount to Govt coffers? So they keep telling us o! During abdusalami/OBJ's adminstrtn Abacha's looted funds were recovered but as always the monies dis-appeared into God knws where. Like a dog we dey sidon dey look

mikron:

are they (ICPC) sure they remited the said amount to Govt coffers? So they keep telling us o! During abdusalami/OBJ's adminstrtn Abacha's looted funds were recovered but as always the monies dis-appeared into God knws where. Like a dog we dey sidon dey look

Ole gbe, ole gba