Account For Recovered Stolen Funds! Court Orders FG | Independent Newspapers Limited
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Account For Recovered Stolen Funds! Court Orders FG

Posted: Mar 3, 2016 at 9:45 am   /   by   /   comments (0)


A Court sitting in Lagos declared that successive governments since the return of democracy in 1999 has breached the fundamental Principles of Transparency and Accountability by failing to disclose details about the spending of recovered stolen public funds.

Justice Mohammed Idris made the order while delivering judgment in a Freedom of Information suit filed by a non-governmental organisation, Socio-Economic Rights and Accountability Project (SERAP).

One of such recovered loots that Nigerians will like to know how it was utilised is the loot of a former military leader, General Sanni Abacha.

The National Economic Council had in December last year said the recovered Funds from late General Abacha was $26.4 million and £19 million as at November.