SERAP to Buhari - Publish details of N800 billion recovered loot

SERAP has enjoined Buhari to publish details of N800 billion recovered loot.

Socio-Economic Rights and Accountability Project has asked the President, Major General Muhammadu Buhari (retd.), to order the publication of a comprehensive list of names of people from whom N800 billion in looted funds have been recovered.

The group, in a Freedom of Information Act request, asked the President to direct the Attorney General of the Federation, Mr Abubakar Malami, SAN, and Minister of Justice and Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, to publish the details of spending of the money and the dates of the recovery.

SERAP also urged 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.”

SERAP’s Deputy Director, Kolawole Oluwadare, said, 

“SERAP notes that in your speech to mark the occasion of the Democracy Day on June 12, 2020, you disclosed that the government’s anti-corruption fight has yielded over N800 billion in recovered loot.

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.

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.”