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ICPC To Investigate Shekarau Over N420M Financial Scam - Politics - Nairaland

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ICPC To Investigate Shekarau Over N420M Financial Scam by ceomike(m): 11:08am On Nov 18, 2011
Nigeria: N420m - ICPC to Investigate Shekarau


THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has concluded plans to investigate former Kano State Governor, Mallam Ibrahim Shekarau over an alleged financial scam of N420 million.

Already, the former All Nigeria Peoples Party (ANPP) Presidential candidate is being investigated over contracts inflation, abuse of office and misappropriation of funds.



The decision of the ICPC to investigate him was contained in a statement issued in Abuja yesterday by the commission's Resident Consultant, Folu Olamiti.

The statement said the ICPC decision was prompted by the petition of a Kano based Non-Governmental Organisation (NGO), alleging breaches of several provisions of the ICPC Act 2000.

The petitioner also alleged that Shekarau engaged in the diversion or embezzlement of billions of Naira belonging to the state government through a dubious expenditure referred to as 'reciprocal arrangement.'



The ICPC statement alleged that Shekarau awarded the construction of an 11 bedroom apartment to himself to the tune of N286,434,168.51 while in office, another violation of laid down rules and regulations.

He also allegedly awarded contracts to a company in which he had substantial interest, and paid for furniture twice.

The statement reads in part: 'Following the petition, the ICPC team of investigators visited the state where it uncovered a lot of financial malpractices in the award of contracts as claimed by the petitioner.'

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'The report was submitted to the Acting Chairman of the Commission, Abdullahi Bako by the investigators, and a prima facie case was established against the former governor.'

It pointed out that the contractor handling the project was mobilised with N119,330,955.91 on October 18, 2007, representing 50 per cent of the contract sum, contrary to Section 35 of the Procurement Act which provides for 15 per cent mobilisation for any contract awarded.'

It said the contractor and officials of the state's ministry of works had made useful statements to the anti-graft agency on the issues raised by the petitioner.

Consequent upon this, the commission has directed that Shekarau be invited to appear before it to answer questions raised in the petition.

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Re: ICPC To Investigate Shekarau Over N420M Financial Scam by chakula: 2:55pm On Nov 18, 2011
How come nobody respond to this thread while it was on front page? Wasn't it visible to the politicians or what?
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by Kapardanie(m): 3:16pm On Nov 18, 2011
, so ICPC don wake up be dat,
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by lagerwhenindoubt(m): 3:28pm On Nov 18, 2011
Na waoo so N420 Million Fraud by a Governor who can easily steal N42 billion is now a problem , it is like saying a Cecilia Ibru should be jailed for stealing N11 million Naira rather than N11 billion. leave matter for another day - The mad-mans time is due joor grin Let him face the music. EFCC does not attend to cases unless it is over N20 million . imagine that! shocked
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by otokx(m): 9:56pm On Nov 18, 2011
Which one is resident consultant again inside ICPC?
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by tunde300us(m): 9:59pm On Nov 18, 2011
Dont worry people , there are three things to consider grin
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by vladimiros: 2:45am On Nov 19, 2011
what the difference between ICPC and EFCC?
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by okosodo: 5:53am On Nov 19, 2011
Both the EFCC and ICPC are toothless barking dogs.
Re: ICPC To Investigate Shekarau Over N420M Financial Scam by ayex0001: 10:44am On Nov 19, 2011
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