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Home National

SERAP asks Lawan, Gbajabiamila to probe alleged missing N4.4bn NASS funds

1st February 2021
in National
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Rearrest of Sowore: SERAP condemns DSS ‘s approach 
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Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President, Ahmad Lawan, and Speaker ,House of Representatives,Femi Gbajabiamila “to probe and refer to appropriate anti-corruption agencies allegations that N4.4 billion of public money budgeted for the National Assembly is missing, misappropriated, diverted or stolen, as documented in three audited reports by the Office of the Auditor-General of the Federation.”
In a letter dated January 30 and signed by SERAP’s deputy director, Kolawole Oluwadare, the organisation said: “By exercising strong and effective leadership in this matter, the National Assembly can show Nigerians that the legislative body is a proper and accountable watchdog that represents and protects the public interest, and is able to hold both itself and the government of President Muhammadu Buhari to account in the management of public resources.”
“If not satisfactorily addressed, these allegations would also undermine public confidence in the ability of the National Assembly to exercise its constitutional and oversight responsibilities to prevent and combat corruption, and to ensure the public interest, transparency and accountability in the management of public resources.”
“Any failure to promptly, thoroughly and independently investigate these serious allegations, prosecute suspected perpetrators, and recover missing public funds and assets would undermine public trust in the ability of the leadership of the National Assembly to ensure probity, transparency and accountability in the management of public funds.”
“The Auditor-General noted in his 2015 report that the National Assembly account was spent N8,800,000.00 as unauthorised overdraft, contrary to Financial Regulations 710. The National Assembly also reportedly spent N115,947,016.00 without any documents. Another N158,193,066.00 spent as cash advances to 17 staff between January and June 2015 is yet to be retired.”

Cyril

Cyril

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