Topic: Spend that money and go to jail, ICPC warns ministers, DGs  (Read 1422 times)

0 Members and 1 Guest are viewing this topic.

Spend that money and go to jail, ICPC warns ministers, DGs
« on: December 23, 2012, 08:10:05 AM »

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has ordered Ministries, Departments And Agencies (MDAs) to return all unspent balances on personnel votes  to the Sub-Treasury of the Federation not later than Monday, December 31, 2012, or face the law.

A release  by the Commission’s chairman, Mr. Ekpo Nta, also ordered the MDAs to submit the receipt and expenditure profiles of their personnel cost to the commission not later than January 31, 2013, using a template approved by the commission.

To underscore the seriousness his commission attaches to the directives, the ICPC chairman stated that “letters have been sent to the various Ministries, Departments and Agencies for strict compliance and to note that any infraction will be prosecuted.” He also announced that the “Commission will commence verification for the returns made to the Sub-Treasury by February, 2013.” The full text of Mr. Ekpo Nta’s statement entitled,

TREATMENT OF UNSPENT BALANCES OF 2012 PERSONNEL VOTES:

“The Commission has carried out a pilot System Study and Review on the utilization of the 2011 Personnel Vote of some Ministries, Departments and Agencies (MDAs). Observable lapses were highlighted and discussed with the various MDAs.

“The Commission will be carrying out another System Study and Review of the 2012 Personnel Vote to ensure total compliance with Section 16 of the Finance (Control and Management) Act, LFN, 1990 and the Financial Regulations regarding unspent balances in line with the Accountant-General of Nigeria’s Circular No. TRY/A5 & B5/2011 of 20th November, 2012.

“All MDAs are requested to submit the Receipt and Expenditure profiles of their Personnel Cost to reach the Commission not later than January 31, 2013 using the approved template. For avoidance of doubt, Personnel Vote is for the payment of salaries and allowances for Government employees only. “All unspent balances should be returned to the Sub-Treasury of the Federation by 31st December, 2012.

“The Commission will commence verification of the returns made to the Sub-Treasury by February, 2013. Letters have been sent to the various Ministries, Departments and Agencies for strict compliance and to note that any infraction will be prosecuted”.

Source: Vanguard

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1248 Views
Last post June 13, 2013, 03:23:18 PM
by ayodeji
0 Replies
1273 Views
Last post October 15, 2015, 07:00:18 PM
by flukky-2
0 Replies
1615 Views
Last post September 08, 2016, 01:00:11 PM
by flukky-1
0 Replies
1137 Views
Last post January 20, 2017, 01:01:02 AM
by sahara
0 Replies
1220 Views
Last post January 20, 2017, 01:00:27 PM
by sahara
0 Replies
830 Views
Last post August 20, 2017, 01:01:27 PM
by olutee
0 Replies
803 Views
Last post August 25, 2018, 01:14:49 AM
by thisday
0 Replies
719 Views
Last post June 28, 2019, 07:01:54 PM
by flukky-1
0 Replies
1715 Views
Last post October 03, 2019, 01:06:33 PM
by sahara
0 Replies
681 Views
Last post June 04, 2022, 01:02:33 AM
by PulseNG