Sunday, June 20, 2021

SERAP urges president Buhari to order investigation of missing N300bn

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Socio-Economic Rights and Accountability Project has asked President Muhammadu Buhari to direct the Attorney General of the Federation and Minister of Justice, Abubakar Malami and appropriate anti-corruption agencies to investigate allegations of missing N300bn public funds.

SERAP said the funds documented in the 2017 audited report by the Auditor General of the Federation were either mismanaged, diverted or stolen.


It gave government 14 days within which to order Malami and the anticorruption agencies to promptly investigate the extent and patterns of alleged widespread and endemic corruption in the Ministries, Departments and Agencies indicted in the audited report.


It urge the president to take meaningful and effective measures to clean up an apparently entrenched system of corruption in these MDAs.


The letter was copied to Malami; Chairman Independent Corrupt Practices and Other Related Offences Commission; Acting Chairman, Economic and Financial Crimes Commission and Minister of Finance, Budget and National Planning.


The letter which was signed by SERAP’s Deputy Director, Kolawole Oluwadare; said the 2017 audited report reveals grim allegations of mismanagement, diversion and stealing of public funds, as well as unaccounted-for spending.


It said 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.


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