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SERAP takes President Buhari to court over N800bn recovered loot

The Nigerian president, Muhammadu Buhari is facing a lawsuit filed by a transparency group, the Socio-Economic Rights and Accountability Project (SERAP) over the failure to publish details about the N800bn recovered looted public funds.

The group disclosed on Sunday, Agust 30, that the suit was instituted to compel the president to disclose the dates of the recovered looted funds and details of projects on which the money has been spent.

SERAP said the suit was filed at the Federal High Court in Abuja based on the president’s disclosure during his Democracy Day speech that the government has recovered looted funds in excess of N800 billion and that these monies were being used for development and infrastructure projects.

According to the group, other respondents joined in the suit include Abubakar Malami, the Attorney General of the Federation (AGF) and minister of justice, and Zainab Ahmed, minister of finance, budget and national planning.





Meanwhile, the Economic and Financial Crimes Commission (EFCC) has made an important statement regarding President Muhammadu Buhari's anti-corruption war. The leadership of the EFCC on Monday, July 20, pointed out that it is fully in support of the presidency's stance, This Day reports.

Not only Nigerians, but top countries in the international community are also keenly interested in the ongoing probe on Ibrahim Magu by the Presidential Committee on Audit of Recovered Assets (PCARA). The agency stated that despite the mass suspension of some of its top officers, all operations are going on smoothly.

SOURCE: LEGIT.NG

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