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How MDAs Padded Budget By N300b – ICPC

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How MDAs Padded Budget By N300b - ICPC

The 2021 budget was padded by ministries, departments and agencies (MDAs) to the tune of N300 billion.

The padding was carried out by duplicating projects, shooting the budget to N13.59 trillion.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) which disclosed this noted that the MDAs also padded the 2022 budget with duplicated projects amounting to N100 billion, increasing the current year’s budget to N17.12 trillion; aside from the N49.9 billion discovered as salaries for ghost workers between January and June 2022.

ICPC chairman Bolaji Owasannoye stated this in Abuja on Thursday.

He made the submissions at an interactive session with the Senate Committee on Finance on the 2022-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper.

He stated that the ICPC discovered the project duplication and budget padding for the two years during a scrutiny of projects approved for the various MDAs.

“Three hundred billion naira would have been wasted by the federal government on duplicated projects inserted into the 2021 budget. The federal government would have wasted another N100 billion in the 2022 budget if not tracked and intercepted by the ICPC,” stated Owasannoye.

“The same pre-emptive move saved the country from spending N49.9 billion on payment of salaries to ghost workers inserted into payrolls by the fraudulent MDAs between January and June this year.

“Names of MDAs involved in projects duplication and fictitious payrolls are available and will be forwarded to the committee.”

READ ALSO: Ex-military Chiefs Under Investigation For Fraud – ICPC

The ICPC chief further explained that the anti-graft agency’s interception prevented the funds from being released to the MDAs.

“It is gratifying that the Federal Ministry of Finance and the Accountant-General’s Office cooperated with us,” he noted.

The ICPC chairman advised relevant committees of the National Assembly to look out for project duplication in the proposed N19.76 trillion 2023 budget.

“From our own end, the detection of such projects is done by verifying their locations and names, upon which we tell the appropriate authorities not to release wrongly budgeted monies,” added Owasannoye.

Solomon Adeola (APC-Lagos West), the committee chair, assured that ICPC’s operational cost would be increased from the current N1.8 billion.

“This committee is impressed by the proactive ways your commission has adopted in the fight against corruption. Your submissions clearly show that all hopes are not lost for our dear country as far as fighting corruption is concerned,” Adeola stated.

“Your operational cost, which is N1.8 billion, will be increased as required impetus for more proactive measures against corrupt practices across the various MDAs.”
.NAN

 

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Breaking: Appeal Court Retains Adeleke As Osun Governor

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BREAKING: Adeleke Freezes Osun Accounts , Reverses Appointments After Swearing In As Governor
Governor Adeleke

The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola

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BREAKING: PDP Suspends Anyim, Fayose

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Anyim and Fayose

Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).

The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).

The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.

This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.

“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.

 

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BREAKING: Ekweremadu, Wife Found Guilty Of Organ-trafficking In UK

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Ekweremadu and his wife

A United Kingdom court has found former Deputy Senate President, Senator Ike Ekweremadu, 60, his wife Beatrice, 56, and Dr Obinna Obeta, 50,  guilty of an organ-trafficking plot, which saw them bring a 21-year-old man to the UK

They were convicted of conspiring to exploit the man from Lagos for his kidney, reports the BBC.

Prosecutors told the Old Bailey the organ was to be removed and given to the couple’s daughter, Sonia, aged 25.

She was cleared of the same charge.

The victim, a street trader from Lagos, was brought to the UK last year to provide a kidney in an £80,000 private transplant at the Royal Free Hospital in London.

They were later arrested at the airport while trying to leave the UK.

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