ICPC Recovers N250 Million Fraud In University Teaching Hospital . ICPC unearths the money in UDUTH In its continuing effort to rid public sector institutions of corruption and related fraud. They has uncovered the diversion of a huge sum of money belonging to the Federal Government into private pockets.
The money, in the sum of over Two Hundred and Fifty Million Naira (N250m) was diverted from the personnel cost account of the Usman Danfodio University Teaching Hospital (UDUTH), Sokoto State.
ICPC intelligence-led investigation revealed that the fraud was carried out when deductions meant for third parties such as the State Board of Internal Revenue and over-payment deductions were diverted on IPPIS & channeled into the private accounts of an individual & a company. The Commission has already taken into custody the kingpin in this criminal endeavour who is an Accounts staff of UDUTH. He is being questioned to unravel all those behind this fraudulent act.
ICPC has also commenced efforts to recover the proceeds of this fraud. They will get them through the seizure of exotic cars and real estate properties from the main culprit.