ICPC Pledges Transparency In Assets Disposal Exercise

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is committed to transparency, accountability and due process in the conduct of the 2025 assets disposal exercise.

Chairman of the commission, Dr. Musa Adamu Aliyu, said this in his address to auctioneers at the official bid opening ceremony held at the ICPC headquarters, Abuja.

Dr. Aliyu, who was represented by the director of Systems Study and Review Department, Olusegun Adigun, emphasised that the entire process would be guided by transparency, integrity and merit.

He noted that the commission’s credibility depends on how faithfully it upholds these core principles.

ICPC spokesman Demola Bakare further noted that the ICPC chairman  assured that the commission would continue to ensure that all recovered assets are utilised for national development.

“As an institution, the ICPC remains resolute in ensuring that every kobo recovered on behalf of the Nigerian people is properly managed, transparently utilized, and ultimately channeled toward national development,” he said.

Dr. Aliyu also emphasised that all submissions from the auctioneers would be evaluated strictly on merit, in accordance with laid down criteria and without bias or favoritism.

In her remarks, the director of the Proceeds of Crimes Department (POCD), Grace Aga-Ibe, echoed the chairman’s position, reaffirming that the commission remains deeply committed to ensuring that every process reflects integrity and fairness.

Also, executive director of the Center for Fiscal Transparency and Public Integrity (CeFTPI), Umar Yakubu commended the ICPC for conducting a transparent and credible process consistent with the United Nations Convention Against Corruption (UNCAC).

Other auctioneers present at the event also applauded the commission for its openness and professionalism as they were informed that only those who met the stipulated requirements would be invited to the next stage of the exercise.

Representatives from the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ) were also in attendance.

The commission had in October publicised the recovery outcomes from its 2024 asset disposal exercise.