THE Socio-Economic Rights and
Accountability Project, SERAP, yesterday
hailed the publication of the list of
recovered funds, but insisted that the
Federal Government should publish names
of those involved. , SERAP, charged the government
to channel the funds for concrete projects
for positive development towards the
establishment of a culture of transparency
and accountability in government.
In a statement by its Executive Director,
Tokunbo Mumuni, SERAP, said publishing
the names of high-ranking public officials
involved will be in line with international
standard, recognizing that naming those
involve will shame them and prevent
future occurrence and also discourage any
form of looting or re-looting of the
recovered funds.
To use the funds appropriately, the body
called on President Muhammadu Buhari
to set up a mechanism with a view to
ensuring that it is applied in a transparent
and accountable manner.
In stated: “The recovered funds must be
spent to directly benefit Nigeria’s most
vulnerable populations particularly to
improve their access to quality education,
healthcare including for children, women
and the elderly, and regular and
uninterrupted electricity supply.
''It will be a double jeopardy for victims of
corruption if recovered funds are re-
looted, as it was the case with Sani
Abacha recovered loot.”
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