ICPC exposes fraudulent budget manipulations in MDAs
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye (SAN) has uncovered several budget manipulations in various Ministries Departments and Agencies (MDAs).
The ICPC Chairman who made this disclosure on Wednesday in Abuja while speaking at the Budget Office/ICPC Interactive Forum with Directors of Finance and Directors of Internal Audit, said multiple layers of corrupt practices had been perpetuated by civil servants.
Owasanoye said the Commission stumbled on these infractions while carrying out a System Study Review of Budget Implementation.
He said: “there was budget manipulation by most MDAs which resulted in MDAs receiving both appropriation and releases beyond their actual needs.”
“In 2019 ICPC reviewed 208 agencies of government that are funded from the Federal Treasury and came up with outstanding results which included discovery of N31.8…