ICPC

N454bn recovered in 4 years in forfeited assets – ICPC

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Over N454bn was said to have been reclovered in forfeited assets from corrupt persons in the past four years by the Independent Corrupt Practices and Other Related Offences Commission, ICPC.

A presentation by Mr. Jude Okoye, Deputy Director, Planning Research and Statistics, disclosed this during the recently concluded two-day capacity-building training for Journalists covering the activities of the Commission

The Deputy Director, who gave a breakdown of the recoveries, said out of the N454.808bn, N257.492bn was found restrained by ICPC through system studies of government Ministries, Departments, and Agencies (MDAs).

The commission added that N3.540bn was recovered through tax intervention.

ICPC’s mandate rests in the investigation, prosecution, and prevention of corruption offences.

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