The Chairman of the Independent Corrupt Practices and other Related Offenses Commission, ICPC, Ekpo Nta, said this while answering question during an interaction at the Akwa Ibom Anti-Corruption Summit in Uyo on Tuesday.
The theme of the summit is;“Transparency and Accountability: a panacea to good governance and sustainable development.”
He expressed confidence that the anti-corruption war was gradually yielding positive result in the country.
He said the commission had interim power to seize property of any public officer whose property was above the accruable income and could not be explained.
According to him, the property will be forfeited to the federal government after all litigations have been concluded.
The ICPC boss warned public officeholders not to live above their income as the commission had the mandate of interim seizure of any public officer’s property that live above his or her income.
“There are many facets of corruption in Nigeria.
Governor Udom Emmanuel of Akwa Ibom said that corruption had eaten deep into the fabrics of the Nigerian system.
Mr. Emmanuel urged all and sundry to be in the vanguard of curbing the menace of corruption if the country must move forward.
“We must change our mindsets about the way we do things in the country,” Mr. Emmanuel said.
The governor decried what he described as illicit cash running into over 157 billion dollars leaving the shores of Nigeria abroad through fraudulent practices.
He identified corruption as the greatest enemy of development, adding that it was regrettable the wholesale repatriation of illicit funds across the borders to develop other nations.
According to him, if such cash are used within the shores of the country, the socio-economic life of Nigeria and Nigerians would have been positively impacted.
The governor enjoined all well meaning Nigerians to join the ongoing crusade to rid the system of corruption and other economic crimes plaguing the country.