The United Nations High-Level Panel on International Financial Accountability, Transparency, and Integrity for Achieving the 2030 Agenda (FACTI Panel) is set to launch its Financial Integrity For Sustainable Development Report on Thursday, February 25, 2021 (2 pm GMT+1).
 
The event, which will hold virtually will be in two parts – a high-level segment and a press conference. 
 
The report will be presented by the co-chairs of the FACTI Panel, Ibrahim Assane Mayaki, former Prime Minister of Niger, and Dalia Grybauskaite, former President of Lithuania. 
 
The launch of the report as well as the press conference will be streamed live on https://www.google.com/url?q=http://webtv.un.org/&source=gmail&ust=1614334798812000&usg=AFQjCNHYu2hzyf1y3gyVFO37af8GaoPomg" style="color: rgb(17, 85, 204);">http://webtv.un.org/ and a copy of the report will be available to download from https://www.google.com/url?q=http://factipanel.org&source=gmail&ust=1614334798812000&usg=AFQjCNFnKlhESCP8SF1hT0bJ484sA2_q8w" style="color: rgb(17, 85, 204);">factipanel.org.
 
The FACTI Panel, in the Financial Integrity for Sustainable Development Report, urges governments to redirect the trillions of dollars recovered from curbing tax abuse, corruption, and money-laundering to finance critical action on the climate crisis, COVID-19 recovery, and extreme poverty. 
 
In its 14 recommendations, the FACTI Panel outlined an ambitious set of measures to reform, redesign and revitalize the global architecture, so it can effectively foster financial integrity for sustainable development. NNL.
 
The Panel, which includes former world leaders and central bank governors, business and civil society heads, and academics (including the current ICPC Chairman), was convened by the 74th President of the United Nations General Assembly and the 75th President of the Economic and Social Council in March 2020. NNL.
 

 

* Stopped N189bn Personnel Cost Diversion

In the past few years, the Independent Corrupt Practices and Other-Related Offences Commission, as part of its statutory mandate, has been conducting systems study and review of ministries and organisations in the federal public service. The overall objective of a system review is reform of the systems and procedures of public agencies with a view to identifying and eliminating, preventing, blocking and obstructing opportunities for corruption.

 

By Idongesit Esuene (Akwa Ibom State Correspondent)

Justice Fatun Riman of the Federal High Court sitting in Uyo, Akwa Ibom State on Thursday, February 11, 2021, granted bail to one Umoh Uko Archibong, a fake contractor who is being prosecuted by the Economic and Financial Crimes Commission, EFCC for obtaining N39, 000, 000. 00 (Thirty-nine million naira) by false pretense.

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