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ICPC releases guidelines for COVID-19 relief fund management

The Independent Corrupt Practices and other related offences Commission says it  has drawn up  guidelines on  the utilisation of the COVID-19 relief funds.

In a statement on Wednesday, the  ICPC  said it derides its power from  Section 6 (b)-(d) of the Corrupt Practices and Other Related Offences Act 2000 in designing the guidelines.

The statement read, “Salient among the several provisions of the guidelines are the Bank Accounts Policy which allows the Chairman of the PTF (Presidential Task Force on COVID-19) the discretion to designate bank accounts solely for the collection of funds and donations as well as a specific bank account that receipts are swept into for expenditure whose signatories, though appointed by the Chairman, PTF shall not have approving powers.

“Reconciliation of the accounts and books maintained shall be submitted to the  PTF Chairman monthly.

“Also, there is the Expenditures and Payments provision which requires payments to vendors, suppliers and ad hoc staff to be mainly by bank transfer after they have made supplies or rendered service in order to leave trails.

“Furthermore, the responsibility for procurements rests on the shoulders of the PTF  Chairman, and all such procurements are required to adhere to the provisions of Section 43 of the Public Procurement Act 2007 in the emergency period.

“Additionally, all post-COVID procurements must comply fully with the comprehensive provisions of the procurement law.”

According to the statement, the guidelines also recommended that all cash advances should be subjected to the Financial Regulations and Public Service Rules.

The body  added that petty cash advances might be made to an officer for petty cash transactions as approved by the PTF  Chairman.

However, the anti-corruption agency  said  the guidelines won’t apply to donations  from the private sector unless  given to the PTF to manage.

 

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