Kolawole Oluwadare
SERAP urges President Buhari to tell Nigerians spending plan for James Ibori loot, others
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently direct Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to disclose spending details of the $700 million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.” SERAP also urged him to “direct Mrs Ahmed to disclose how the government plans to spend the returned £4.2m Ibori loot, including details of planned capital expenditure, and whether there is any plan to ensure that the money and any future returned Ibori loot would be spent to achieve justice and effective remedies for victims of corruption in...
Senate: National Assembly panels will probe ‘missing N4.4 billion’
The Senate said the National Assembly Committees on Public Account would probe the allegation of misappropriation of N4.4bn by the federal parliament, as contained in an audit report. The Deputy Director of the Socio-Economic Rights and Accountability Project, Kolawole Oluwadare, had in a statement alleged that an audit report revealed that the fund budgeted for the National Assembly, was misappropriated. SERAP has therefore given Messrs Ahmad Lawan and Femi Gbajabiamila, President of the Senate and Speaker, House of Representatives, respectively, 14 days ultimatum to address and implement the recommendations contained in the audit reports. But the Chairman, Senate Committee on Media and Public Affairs, Ajibola Basiru, in his reaction said the alleged infractions occurred during the 8th Na...
