ICPC Boss Warns IFFs Are Draining Nigeria’s Resources
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has warned that illicit financial flows (IFFs) are depriving Nigeria of vital resources needed for national development.
Aliyu spoke on Tuesday while flagging off a three-day combined training workshop on Illicit Financial Flows and Money Laundering, alongside an Anti-Corruption Leadership Series, at the Anti-Corruption Academy of Nigeria (ACAN), Keffi, Nasarawa State.
The programme is aimed at strengthening the capacity of public officers, civil servants and stakeholders across Ministries, Departments and Agencies (MDAs) to detect, prevent and report suspicious financial activities.
The ICPC Chairman said illicit financial flows benefit only a privileged few while imposing significant costs on the wider society through lost revenue, weakened public services and reduced economic growth.
He stressed that the fight against corruption must go beyond enforcement to include sustained training and capacity building for public servants.
“Enforcement is only one leg of the fight against corruption. Sustainable anti-corruption requires prevention through knowledge, integrity and leadership,” Aliyu said.
He urged participants to apply the knowledge acquired during the workshop and promote transparency, accountability and integrity in their respective organisations.
Aliyu also reaffirmed the ICPC’s commitment to transforming ACAN into a world-class centre of excellence for anti-corruption training, research and development.
He said the Academy would be equipped to produce professionals capable of tackling emerging corruption challenges in Nigeria and beyond.
As part of the programme, the ICPC Chairman inspected the facilities at ACAN to identify areas requiring urgent rehabilitation and upgrading.
He assured that the Commission would provide the necessary infrastructure, support and partnerships to bring the Academy up to international standards.
