Nigeria’s corruption rating: ICPC faults transparency international

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Nigeria’s corruption rating: ICPC faults transparency international
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ICPC stated that Transparency International's report was unfair and untenable. Corruption TransparencyINternational ICPC Nigeria

The Independent Corrupt Practices and Other Related Offences Commission has challenged Transparency International to publish its research parameters so its data could be disaggregated rather than build its rankings on a few issues such as political corruption.

According to Okoduwa, these efforts include an increasing number of cases filed in court and jail terms secured against corrupt persons across all levels of the society “including hitherto sacred cows.” “The reality is that government has put in place several mechanisms to ensure transparency in the management of its financial affairs. The IPPIS, GIFMIS, TSA and more recently the portal www.opentreasury.gov.ng are examples in point.

Okoduwa noted that Nigeria currently leads Africa in asset recovery, adding: “These assets are proceeds of corruption which would have been permanently lost to the country. Denying perpetrators the benefit of their loot is a potent strategy in anti-corruption work.”

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