The Independent Corrupt Practices and other Related Offences Commission has commenced the probe of directors and senior officials of the Subsidy Reinvestment and Empowerment Programme (SURE-P).
The probe of SURE-P is in connection with a N3bn fraud allegedly involving the Federal Ministry of Finance and the SURE-P Graduate Internship Scheme.
The money was meant for the payment of the allowances of 17,500 participants for eight months, but they never received the funds.
SURE-P was set up by the administration of former President Goodluck Jonathan in February 2012 but the programme was scrapped in November 2015 by President Muhammadu Buhari.
In the process of the investigation into the programme, the ICPC is said to have frozen the accounts of some of the officials while several vehicles have been seized from them.
A source in the ICPC revealed to Punch Newspapers that the probe was kicked-off after the commission received pertinent information that huge funds were embezzled by the officials.
“We have frozen the bank accounts of some of the officials while we have started seizing some vehicles from them. Our plan is to seize about 200. Presently, we have seized about 30.”
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