Politics

SERAP gives Buhari 14 days to probe N300bn missing public funds

ADEOLA AJAYI, EKITI

The Socio-Economic Rights and Accountability Project (SERAP) has given President Muhammadu Buhari 14 days to “direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate allegations that over N300bn of public funds are missing, mismanaged, diverted or stolen, as documented in the 2017 audited report by the Auditor General of the Federation (AGF).”

Few months ago there was a low push from the SERAP Demanding the President to accounts all borrowed loan and it purpose from the year he began his administrative.

Moreover, “ SERAP asked Mr Malami and the anticorruption agencies to promptly investigate the extent and patterns of widespread and endemic corruption in the ministries, departments and agencies (MDAs) indicted in the audited report. We urge you to take meaningful and effective measures to clean up an apparently entrenched system of corruption these MDAs.”

In the letter dated 4 July, 2020 and signed by SERAP deputy director Kolawole Oluwadare, the organization said: “The 2017 audited report reveals grim allegations of mismanagement, diversion and stealing of public funds, as well as unaccounted-for spending. The report suggests a grave violation of the public trust, and that the indicted MDAs and the National Assembly lack effective and credible internal processes to prevent and combat corruption.”

According to SERAP, “Investigating and prosecuting the alleged grand corruption documented by the AGF would improve the chances of success of your government’s oft-repeated commitment to fight corruption and end the impunity of perpetrators. It will improve the integrity of MDAs, serve the public interest, as well as improve Nigerians’ access to public services and goods.”

SERAP said: “Any failure to promptly investigate the allegations and prosecute suspected perpetrators would breach Nigeria’s anti-corruption legislation, including the Public Procurement Act, the 1999 Nigerian Constitution (as amended) and the country’s obligations including under the UN Convention against Corruption and the International Covenant on Economic, Social and Cultural Rights to which Nigeria is a state party.”

The letter, read in part: “It would also mean that Nigeria is failing to fulfil the obligations under the covenant to use its “maximum of available resources” to progressively realize and achieve basic economic and social rights, including access of Nigerians to public services and goods like quality education, healthcare, clean water and regular electricity supply, as well as the right to honest public services.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top