SERAP ASKS BUHARI TO PROBE N300BN MISSING FUNDS

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BUHARI

Socio-Economic Rights and Accountability Project (SERAP) has called on President Muhammadu Buhari 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).

BUHARI

 

The President, according to SERAP, should direct the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate the allegations.

SERAP also urged him to ask Mr. Malami and the anti-corruption 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.

In the letter dated 4 July, 2020 and signed by SERAP deputy director, Kolawole Oluwadare, the organisation said that “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, Buhari to serve the public interest, as well as improve Nigerians’ access to public services and goods.”

“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.”