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Thursday 17 March 2016

SURE-P Directors Hammered For Embezzling N3bn SURE-P Graduate Internship Funds


The bank accounts of several SURE-P directors have been frozen and their vehicles seized after the ICPC commenced an investigation over embezzling of N3bn of the agency's funds.

The SURE-P was introduced by the Goodluck Jonathan administration and was mandated to convert saved fuel subsidy money to jobs, roads and other people-oriented programmes. It however became political during the build-up to the 2015 elections. The programme was scrapped by President Muhammadu Buhari in November last year.

“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," an official of the agency said.

Reports say the probe was in connection with a N3bn fraud allegedly involving the Federal Ministry of Finance and the SURE-P Graduate Internship Scheme.

The money, it was learnt, was meant for the payment of the participants.

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