The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has stated that it recovered, forfeited, and restrained assets valued at over N454bn from corrupt persons in the past four years.
This was revealed in a presentation by Mr. Jude Okoye, Deputy Director, Planning Research and Statistics, during the recently concluded two-day capacity-building training for Journalists covering the activities of the Commission.
Giving a breakdown of the recoveries, the Deputy Director said that out of the N454.808bn, N257.492bn was found restrained by ICPC through system studies of government Ministries, Departments, and Agencies (MDAs).
The commission added that N3.540bn was recovered through tax intervention.
ICPC’s mandate rests in the investigation, prosecution, and prevention of corruption offences.