Home » Latest Politics » Spend that money and go to jail, ICPC warns ministers, DGs (Nothing will happen)

Spend that money and go to jail, ICPC warns ministers, DGs (Nothing will happen)

By Lekan Bilesanmi

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”.

Via Vanguardwp_posts

Related Posts

Website Pin Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google StumbleUpon Premium Responsive

Short URL: https://newnigerianpolitics.com/?p=27314

Posted by on Dec 23 2012. Filed under Latest Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Headlines

Browse National Politics

Featuring Top 5/1484 of National Politics

Subscribe

Read more

Browse Today’s Politics

Featuring Top 5/64 of Today's Politics

Browse NNP Columnists

Featuring Top 10/1573 of NNP Columnists

Browse Africa & World Politics

Featuring Top 5/2474 of Africa & World Politics

Subscribe

Read more

ADVERTISEMENT

Categories

FEATURED VIDEOS

Advertisements

Most Read Posts

  • No results available

ARCHIVES

July 2026
S M T W T F S
 1234
567891011
12131415161718
19202122232425
262728293031  

© 2026 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes