The Independent Corrupt Practices and Other Related Offences Commission has cleared Yewande Sadiku, the former CEO and executive secretary of the Nigerian Investment Promotion Commission (NIPC) (ICPC).

The anti-graft agency stated that it was unable to prove Sadiku’s allegations of corruption.

The ICPC said it received a petition accusing Sadiku and other NIPC officials of mismanaging public funds in a letter dated December 16 and addressed to the CEO of the NIPC.

“Fraudulent abuse of office; waste and mismanagement of public funds by the executive secretary of the NIPC through incessant tours and travels within and outside Nigeria without adding value to the Commission,” according to the ICPC.

Ex-NIPC boss Yewande Sadiku is cleared by the ICPC.
Sadiku was accused of “embarking on foreign trips without the express approval of the commission’s governing council; using the commission’s fund to repair her damaged personal vehicle,” as well as receiving “illegal foreign leave allowance,” according to the Letter.

The allegations, according to Akeem Lawal, ICPC director of operations, could not be substantiated, according to the letter.

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“After investigation, none of these allegations were proven, and his lordship, Hon. Justice A.R. Mohammed of the federal high court of Nigeria, Abuja division, struck out suit No FAC/ABJ/CS/249/2019, bringing the investigation to a close,” the letter reads.

In September, Sadiku, who was appointed executive secretary/CEO of NIPC in 2016, finished her five-year term.

In August, the NIPC released a statement claiming that Sadiku voluntarily accepted an invitation from the Economic and Financial Crimes Commission (EFCC), contradicting reports that she had been arrested and detained over contract fraud allegations.

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