Wednesday 18 November 2015

ICPC Recovers N80bn Loot



The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered over N80 billion loot including N23 billion stashed in 40 banks in the country.

A member of the commission, Mallam Ozi Salami, stated this yesterday during the maiden interactive session of the North Central zonal advisory/ consultative committee held at the Confluence Beach Hotel, Lokoja, Kogi State.

He said the commission has so far received over 4,497 petitions with 899 cases con- cluded while 470 are still in court.

He said contrary to claims that the anti-graft agency has not performed well in securing convictions in the court, he said it has done so much that it has helped in shaping the society.

Salami said, for example, the commission on receiving a petition investigated and uncovered 63 illegal degree- awarding institutions and in conjuction with the National Universities Commission (NUC) ordered their closure.

Credit: SunOnline

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