FG probes Contract Inflation, Asset Diversion In 28 MDAs

 FG probes Contract Inflation, Asset Diversion In 28 MDAs

The Federal Government is currently investigating 28 of its Ministries, Departments and Agencies over allegations of contract inflation and conversion of government assets to personal use.

The probe is currently being done by the investigative section of the whistle-blower unit.

The Director, Special Projects, Ministry of Finance, Mohammed Dikwa, confirmed these in a presentation at an evaluation workshop on the whistle-blower policy and asset tracing team, organised by the Presidential Advisory Committee Against Corruption.

On Monday, Dikwa said that 791 investigations were being carried out by the whistle-blower unit.

Giving an analysis of the 791 cases, he said the unit was investigating the payment of unapproved funds in 27 MDAs, while allegation of diversion of excess crude oil funds was being investigated in five MDAs.

He stated that one agency of government was under investigation for improper reduction of financial penalties.

Dikwa, who is also the Secretary, Presidential Initiative on Continuous Audit, stated, “The objectives of the whistle-blower policy is to increase exposure of financial or related crimes, support the fight against financial crimes and corruption.

Funso

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.