SERAP Demands Details Of N800bn Recovered Loot From FG - 9japarrot


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Monday 15 June 2020

SERAP Demands Details Of N800bn Recovered Loot From FG

A Lagos based non-gov­ernmental Organization, the Socio-Economic Rights and Accountability Project, (SERAP) has urged President Muhammadu Buhari to di­rect the Attorney General of the Federation and Minister of Justice and Mrs Zainab Ahmed, Minister of Finance, Budget and National Plan­ning to publish a comprehen­sive list of names of people from whom N800 billion in looted funds were recovered, the details of spending and the dates of recovery.

The organisation in a Freedom of Information Act (FoI) request asked the president to direct appropri­ate anti-corruption agencies to promptly, thoroughly and transparently investigate al­legations that payments total­ling N51 billion were made into individual accounts in 2019.

In the letter dated 13 June 2020 and signed by SERAP’s Deputy Director, Kolawole Oluwadare, the organiza­tion said: “Publishing the details regarding the N800 billion recovered loot and investigating the alleged suspicious payments into personal accounts would be entirely consistent with fun­damental principles of due process, and Nigeria’s in­ternational anti-corruption commitments.”

According to SERAP, “The information will also reveal the truth of where the money is going and why it is there, and allow Nigerians an op­portunity to assess the im­pacts of any projects carried out with the recovered loot and the alleged payments into individual accounts.”

The letter, copied to Mr Malami and Mrs Ahmed, read in part: “The public has a right to know how the recovered N800 billion loots have been spent, and the details and purpose of the alleged payments into indi­vidual accounts.”

“As a signatory to the UN Convention against Cor­ruption, the African Union Convention on Preventing and Combating Corruption, and the African Charter on Human and Peoples’ Rights, Nigeria has committed to ensuring transparent man­agement of public resourc­es, and unhindered access to public information. These commitments ought to be fully upheld and respected.”

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