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ICPC signs mou with NIDO on tracing, repatriation of stolen funds

ABUJA — The Independent Corrupt
Practices and other related Offences
Commission, ICPC, has signed a
Memorandum of Understanding, MoU,
with Nigerians in Diaspora Organization
(NIDO), Germany branch on whistle-
blowing on money laundering activities,
recovery of proceeds of corruption,
assets tracing and monitoring, technical
assistance, anti-corruption ICT solutions,
communication and research.
Chairman of the ICPC, Mr Ekpo Nta, who
signed on behalf of the commission,
called on members of the community to
cooperate with the Federal Government
in the fight against corruption.
A statement by the commission's head of
communications, Mrs. Rasheedat
Okoduwa, quoted the chairman, who
performed the ceremony in Germany, as
saying the commission was committed
to creating strong institutions that would
deter corrupt practices.
He said ICPC would continue to treat all
petitions from NIDO members
expeditiously through continuous
investigation, prosecution and conduct
of corruption risk assessments in
relation to any person or public
institution that creates corruption
bottlenecks for their investments,
especially in the areas of property
acquisition and business partnerships.
The commission chairman noted that
given the government's zero-tolerance
for corruption, this was the best time for
members of NIDO to complement the
Federal Government's job creation effort
by investing in cottage industries in their
home communities.
He reiterated the position by the
Minister of Finance, Kemi Adeosun that
even if we successfully prosecute and
jail every looter, ghost worker and other
economic saboteur, there is every risk
that those caught will only be replaced
by persons who are just as bad, or worse
– unless we radically strengthen our
systems and institutions.
The MoU was signed on behalf of NIDO
Germany by her President, Kenneth
Gbandi, who had also served as the
African Representative on the Hamburg
Senate Integration Advisory Council
from 2011 to 2015.
The ICPC chairman later inducted all
participants at the NIDO convention in
Germany as members of the National
Anti-corruption Volunteers Corps (NAVC)
of ICPC and decorated them with special
arm bands.
Sent from my BlackBerry wireless device from MTN

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