ICPC discovers N2.67bn school feeding funds in private accounts

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered an N2.67bn school feeding fund paid into private accounts.

“We discovered payment of N2.67bn during lockdown when the children were not in school, and some money ended up in personal accounts,” a tweet from the ICPC’s handle quoted the Chairman of the Commission, Bolaji Owasanoye, to have said this during the 2nd National Summit on Diminishing Corruption in the Public Sector in Abuja on Monday.

“We have commenced investigations into these findings.”

According to him, the money was meant for some Federal Colleges during the COVID-19 lockdown.
Giving further updates about the agency’s activities, the ICPC Chairman added that “Early this year, the Commission based on intelligence seized over 16bn from Federal Ministry of Agriculture because the money was moved under suspicious circumstances below the threshold of monitoring by Accountant- General.”

He equally said the ICPC has found “payments to agric contractors for no job done or overpayments for jobs done and appropriation of projects on private farms of senior civil servants of the Ministry.”

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