The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has presented a draft report of system study conducted on the Bureau of Public Enterprises (BPE), Abuja.
The Commission presented the report in an interactive session with the Director-General of the Bureau, Mr. Alex A. Okoh and his management staff.
Chairman of the Commission, Mr. Ekpo Nta, in his remarks during the presentation, said that the essence of the meeting was to present the extract of the findings of the study conducted to the Bureau.
Mr. Nta, who was represented by a Board Member, Alhaji Bako Abdullahi, explained that the objective of the study was to advance the Commission’s preventive mandate and make recommendations based on the findings to prevent corruption in BPE.
He said that the exercise was meant to identify system vulnerabilities in the operations of the organization in order to strengthen and make it adopt international best practices in line with anti-corruption processes.
The system study on BPE indicated several areas of its operations that were vulnerable to corruption. It also recommended measures to be taken by the organization to remove such vulnerabilities within a certain timeline before the Commission’s follow-up inspection.
In his response, Mr. Okoh, expressed gratitude to the Commission for the exercise conducted and promised 100 percent compliance with the recommendations.
It is noteworthy, that one of the duties of ICPC as stipulated in section 6 (b-d) of the Corrupt Practices and Other Related Act 2000, is the power to carry out system Study of MDAs in order to find out corruption loopholes and to also direct the adoption of measures to block such loopholes.