From Yusuf Alli, Managing Editor, Abuja

The Impartial Corrupt Practices and Different Associated Offences Fee (ICPC) has issued tips to the Presidential Job Drive (PTF) on COVID-19 on find out how to handle the funds allotted to the committee.

The Fee has additionally banned money fee for companies or procurements, besides petty money advances by the Job Drive.

It restricted the committee to solely trackable funds and really useful month-to-month reconciliation of its accounts and books.

The committee has been directed to adjust to Part 43 of the Public Procurement Act, 2007 through the emergency interval.

ICPC mentioned it has put in place funds’ approval limits for some prime officers of PTF.

However the tips don’t apply to the administration of the money mobilised by the non-public sector to help the federal government in containing Coronavirus unfold.

Among the tips are contained in an announcement in Abuja by the fee by its spokesperson, Mrs. Rasheedat A. Okoduwa.

The assertion reads: “Leveraging on its preventive mandate as enshrined in Part 6 (b)-(d) of the Corrupt Practices and Different Associated Offences Act, 2000, the Chairman of the Impartial Corrupt Practices and Different Associated Offences Fee (ICPC), Prof. Bolaji Owasanoye has drawn up corruption prevention tips for the administration of aid funds by the Presidential Job Drive (PTF) on COVID-19.

Learn Additionally: ICPC raises funds screens

“The rules are in furtherance of the target for which the Fee not too long ago arrange a monitoring group to collaborate with the PTF in guaranteeing the clear utilization of funds, donations and different receipts mobilized in the direction of combating the outbreak of the novel coronavirus illness within the nation.

“Salient among the many a number of provisions of the rules are: first, the financial institution accounts coverage which permits the chairman of the PTF the discretion to designate financial institution accounts solely for the gathering of funds and donations, in addition to a particular checking account that receipts are swept into for expenditure whose signatories, although appointed by the Chairman, PTF shall not have approving powers.

“Reconciliations of the accounts and books maintained shall be submitted to the Chairman, PTF month-to-month.

“Additionally, there may be the expenditures and funds provision which requires funds to distributors, suppliers and ad-hoc employees to be primarily by financial institution switch after they’ve made provides or rendered service as a way to depart trails.

“Moreover, the accountability for procurements rests on the shoulders of the Chairman, PTF and all such procurements are required to stick to the provisions of Part 43 of the Public Procurement Act, 2007 within the emergency interval.

“Moreover, all post-COVID procurements should comply absolutely with the great provisions of the procurement regulation.

“The rules additionally require all money advances to be topic to the Monetary Laws (FR) and Public Service Guidelines (PSR). Petty money advances could also be made to an officer for petty money transactions as permitted by the Chairman, PTF. Officers who obtain such advances shall be personally accountable and financially accountable for the custody and administration of the advances.

“They need to account for the advances at any given time and are to report weekly to the chairman or as he could direct.”

The assertion additional added: “What’s extra, the rules make fairly helpful and particular provisions to maintain approval thresholds, audit, monitoring and analysis whereas encouraging the Job Drive to ‘have interaction’ the energetic participation of people or teams outdoors the general public sector to boost accountability, transparency and promote public participation and contribution.

“That is to make sure that info is made out there to the general public and for them to offer suggestions by the ICPC toll-free phone traces, e-mail, social media platforms, and so forth. to remove the suspicion of corruption.

“The rules shall not apply to donations and receipts from the non-public sector until they’re given to the Job Drive to handle.

ICPC Chairman Prof Bolaji Owasanoye had arrange the impartial COVID-19 Funds Monitoring Workforce with the accountability of stopping potential monetary abuses that will come up within the administration of those funds.

Inaugurating the group on the ICPC headquarters in Abuja, Owasanoye mentioned the group can be working in collaboration with the PTF to make sure worth for cash, equity, transparency, accountability and integrity.

Leave a Reply

Your email address will not be published. Required fields are marked *