Where is the money? Buhari sued over N800b recovered loot

August 30, 2020
69 Views

Buhari: sued over N800billion recovered loot

By Abankula

President Muhammadu Buhari has been dragged to court over his failure to give details on the N800 billion recovered from public officials who looted the Nigerian treasury.

Joined in the suit as respondents are Mr Abubakar Malami, SAN, Attorney General of the Federation and Minister of Justice, and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning.

The suit was filed by Socio-Economic Rights and Accountability Project (SERAP).

The organisation wants the court to compel Buhari to reveal the names of the looters, specific dates of the recovery, and details of projects on which the money has been spent.”

The trigger for the suit was Buhari’s speech on Democracy Day on June 12, 2020, where he stated that: “the government has recovered looted funds in excess of N800 billion. These monies are being ploughed into development and infrastructure projects.”

SERAP wants more disclosure.

In the suit number FHC/ABJ/CS/1064/2020 filed last Friday at the Federal High Court, Abuja, SERAP is seeking: “an order for leave to apply for judicial review and an order of mandamus to direct and/or compel President Buhari to publish a comprehensive list of names of people from whom N800 billion in looted funds have been recovered, the details of spending of the money, and the specific dates of the recovery.”

SERAP is also seeking: “an order of mandamus to direct and compel President Buhari to instruct appropriate anti-corruption agencies to promptly, thoroughly and transparently investigate alleged payment of N51 billion of public funds into individual private accounts in 2019.”

In the suit, SERAP is arguing that: “The court ought to compel the respondents to disclose the details and whereabouts of the public funds. There is no legally justifiable reason why the information should not be made widely available to Nigerians, especially as the Nigerian Constitution of 1999 (as amended) requires the government in section 15(5) to abolish all forms of corruption. That means ensuring transparency and accountability in the management of public resources and wealth.”

The suit followed SERAP’s Freedom of Information (FoI) request dated 13 June, 2020 to President Buhari, stating that: “The public has a right to know how recovered N800bn loot has been spent, and the details and purpose of the alleged payments of N51bn into individual private accounts. Transparency over transactions by the government is critical to ensuring public confidence in the integrity of management of public resources and wealth.”

SERAP is also arguing that: “Granting the reliefs sought will ensure transparency and accountability, as the information sought to be published will reveal the truth of where money is going and why it is there, and allow Nigerians an opportunity to assess the impacts of any projects carried out with the recovered loot and the alleged payments into individual private accounts.”

The suit was filed on behalf of SERAP by its lawyers Kolawole Oluwadare and Opeyemi Owolabi.

No date has been fixed for the hearing of the suit.

*Abankula is editor-at-large for P.M.NEWS

You May Like

You may be interested

Ibrahimovic: Why I Hope To Stay At AC Milan For Life
Sports
14 views
Sports
14 views

Ibrahimovic: Why I Hope To Stay At AC Milan For Life

Webby - December 6, 2021

Zlatan Ibrahimovic has explained why he would love to ‘stay at Milan for life’ and jokes he could play with…

Aribo: Rangers ‘Getting Better’ Under New Boss Van Bronckhorst
Sports
Sports

Aribo: Rangers ‘Getting Better’ Under New Boss Van Bronckhorst

Webby - December 6, 2021

Rangers midfielder Joe Aribo says the players are enjoying life under new manager Giovanni van Bronckhorst, reports Completesports.com. The Gers…

Wizkid Sets New Record As He Beats African And International Rivals To Win MOBO Awards
Entertainment
2 views
Entertainment
2 views

Wizkid Sets New Record As He Beats African And International Rivals To Win MOBO Awards

Webby - December 6, 2021

Popular Nigerian singer, Wizkid has set a new record in the music industry by becoming the first-ever African artiste to…

Leave a Comment

Your email address will not be published.