The allegation of the missing fund was documented in three audited reports by the Office of the Auditor-General of the Federation.
In an open letter signed by SERAP’s Deputy Director, Kolawole Oluwadare, the organization said by exercising strong and effective leadership in this matter, the National Assembly can show Nigerians that the legislative body is a proper and accountable watchdog that represents and protects the public interest.
The group believes that if the matter is not satisfactorily addressed, the allegations would undermine public confidence in the ability of the National Assembly to exercise its constitutional and oversight responsibilities to prevent and combat corruption, and to ensure the public interest, transparency and accountability in the management of public resources.
SERAP also expressed concerns that the allegations of corruption, mismanagement and misappropriation of public funds amount to fundamental breaches of the Nigerian Constitution of 1999 and the country’s international obligations, including under the UN Convention against Corruption and the African Union Convention on Preventing and Combating Corruption.
The letter was also copied to the Attorney General of the Federation and Minister of Justice Abubakar Malami, Chairman Independent Corrupt Practices and Other Related Offences Commission, Professor Bolaji Owasanoye and the Acting Chairman, Economic and Financial Crimes Commission, Mohammed Abba.
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