FG probes states, agencies over diversion of COVID-19 funds

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FG probes states, agencies over diversion of COVID-19 funds
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The Federal Government anti-graft agency, the Independent Corrupt Practices and other related offences Commission, and the Office of the Accountant-General of the Federation have begun investigation a

nd audit of state governments, agencies and personnel, who spent the COVID-19 funds from the government and private individuals.

They stated these during a virtual meeting of stakeholders on the COVID-19 Funds Management and Monitoring. On its own part, the ICPC said it was investigating alleged cases of corruption in the management of COVID-19 funds and palliatives. “Others are instances of agencies involved in fraudulent purported procurement of COVID-19 palliatives, Personal Protective Equipment and community enlightenment activities; cases of state governments using the COVID-19 pandemic to financially exploit local governments.”

Some of the private sector funds, totalling over N25bn, in addition to government funds, had been disbursed for various intervention purposes by the Central Bank of Nigeria, ministries, agencies and departments since the beginning of May. “A copy of their report shall be sent to the TSA Department to test the adequacy of the overall TSA architecture in re-enforcing internal controls and blocking leakages. Internal auditors are also to ensure that published reports give true and fair view of the underlying transactions and accounts.People mocked me for having a hunchback –Abdulhakeem, computer instructor in wheelchair

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