Over the $700 million recovered loot, President Muhammadu Buhari has been given a two-week deadline by the Socio-Economic Rights and Accountability Project (SERAP) to direct the Minister of Finance to publicize spending funds allegedly recovered by the Federal Government during the last four years.
It asserted that this should include a list of projects executed with the funds, as well as the names and contact details for the contract workers who accomplished the work.
SERAP also implored Buhari to direct Mrs. Zainab Ahmed to reveal how the government plans to invest the recovered £4.2 million Ibori loot, which includes information of planned capital expenditure, and whether there is any way of ensuring that the money and any future given back Ibori loot is spent to achieve justice and ensure justice for victims of corrupt practices in Delta State, according to the group.
Mr. Abubakar Malami, SAN, the Attorney General of the Federation and Minister of Justice, declared last week that the Federal Government had recovered over $700 million in looted funds, as well as the return of £4.2 million connected to James Ibori and plans to return more than £80 million in Ibori loot.
The organization stated in a Freedom of Information request dated May 22, 2021 and approved by SERAP deputy director Kolawole Oluwadare that
The letter further disclosed that
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