ICPC Recovers N6bn SURE-P Fund, 124 Vehicles
The sum of N6 billion Subsidy Re-investment Programme, SURE-P fund has been frozen by the Independent Corrupt Practices and Other Related Offencs Commission (ICPC) after the suspension of the programme.
Ekpo Nta, the chairman of the commission, who revealed this on Monday, February 13, at a media parley, said the funds were frozen at an infrastructure bank in order to avoid further tempering with them after the suspension of the programme.
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Nta futher revealed that a total of 124 vehicles were also recovered from the SURE-P, part of which 40 were handed over to the ministry of water resources, after some workers of various organisations took them away at their retirement, Leadership reports.
He also revealed that the commission recovered N292 million through Treasury Single Account (TSA), N20.9 million from NHIS and over N8.7 billion from different corperative societies in 2016.
The ICPC chairman futher explained that part of their activities for 2016 the commission received 1569 petitions from across Nigeria, with petitions, coming more from the private sector than government establishments.
He further explained that out of the 1569 petitions, the commission has successfully secured eleven convictions, while about 303 cases are ongoing in different courts across Nigeria.
The ICPC boss assured that the commission will do all the necessary thing possible to protect any one with useful information that would lead to tackling corruption while calling for more whistle blowers to assist the commission in providing information.
However Nta did not reveal the amount recovered so far by the agency, noting that there was no complete information yet on the recovered funds, and advised the media against speculations in their report as such act can hinder investigation and prosecution.
