By using our website, you agree to the use of our cookies.

Advertisement

2023 GOVERNORSHIP AND
STATE HOUSE OF ASSEMBLY ELECTIONS

  • days
  • Hours
  • Minutes
  • Seconds
🇳🇬 👍 🇳🇬
Business/Economy

Missing N881bn: SERAP sues Buhari

Advertisement

Socio–Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over his failure to probe allegations that over 880 billion of public funds are missing from 367 ministries, departments and agencies (MDAs), to ensure the prosecution of those suspected to be responsible, and the recovery of any missing or diverted public funds.

The suit followed allegations contained in part 2 of the 2018 annual audited report by the Office of the Auditor General of the Federation that 880,894,733,084.811 was spent by 367 MDAs without any appropriation.

Advertisement

In the suit, number FHC/ABJ/CS/1281/2021, filed last week at the Federal High Court in Abuja, SERAP is seeking: “an order of mandamus to direct and compel President Buhari to promptly investigate the alleged missing N881 billion of public funds, and to ensure the prosecution of those suspected to be responsible, and the full recovery of any missing, mismanaged or diverted public funds.”

In the suit, filed by its lawyer, Kolawole Oluwadare, SERAP is arguing that: “complying with constitutional requirements and international standards on spending of public funds would ensure effective and efficient management of public resources, and put the country’s wealth and resources to work for the common good of all Nigerians.

“It is in the interest of justice to grant this application, as it would improve respect for the rights of Nigerians, and improve their access to essential public goods and services, which ought to be provided by the indicted MDAs.

Advertisement

“President Buhari has a constitutional duty to ensure the investigation and prosecution of allegations of corruption, as well as recovery of any missing public funds. Section 15(5) of the 1999 Nigerian Constitution (as amended), requires the Buhari administration to abolish all corrupt practices and abuse of power.

“Granting the reliefs sought would help to address the adverse consequences of unconstitutional and poor management of public resources on the human rights of poor Nigerians.”

Joined in the suit as respondents are the Minister of Justice and Attorney General of the Federation, Abubakar Malami, and the Minister of Finance, Budget and National Planning, Zainab Ahmed.

Advertisement

No date has been fixed for the hearing of the suit.

Source: www.sunnewsonline.com


Disclaimer

Contents provided and/or opinions expressed here do not reflect the opinions of The Pacesetter Frontier Magazine or any employee thereof.

Support The Pacesetter Frontier Magazine

It takes a lot to get credible, true and reliable stories.

As a privately owned media outfit, we believe in setting the pace and leaving strides in time.

If you like what we do, you can donate a token to us here. Your support will ensure that the right news is put out there at all times, reaching an unlimited number of persons at no cost to them.

Related posts

Leave a Reply

Required fields are marked *