SERAP Sues President Buhari, Others Over ‘Missing’ N3.1billion In Finance Ministry

Posted on the 30 January 2022 by Maxiel

Each day Publish reviews {that a} case has been filed towards President Muhammadu Buhari by Socio-Financial Rights and Accountability Challenge over allegations that N3.1billion was lacking from the Ministry of Finance.

The lawsuit adopted the Auditor-Normal of the Federation's 2018 and 2019 reviews.

The group mentioned the Nigerian chief failed to make sure the prosecution of these suspected to be accountable.

The swimsuit filed on Friday on the Federal Excessive Court docket in Lagos with quantity FHC/L/CS/148/22, SERAP is looking for an order to compel motion from the President.

Each day Publish report that the unaccounted public funds breach the nation's anti-corruption legal guidelines and worldwide obligations together with underneath the United Nations Conference, SERAP mentioned.

Abubakar Malami, Minister of Justice and Legal professional-Normal of the Federation, and Zainab Ahmed, Minister of Finance, Funds and Nationwide Planning, are the respondents

Kolawole Oluwadare and Adelanke, SERAP's counsels, famous that the authorities should take acceptable measures to advertise transparency and accountability within the administration of public funds.

The physique accused Ministry of Finance of spending N24,708,090 on pre-retirement coaching with none doc, citing the Auditor-Normal's report for 2018,

The marketing consultant employed allegedly did not quote any value as the price of the coaching however the ministry paid him N5,670,060.

The request for fee was dated January 20, 2017 whereas the primary fee voucher in his favour was dated January 13, 2017 (seven days earlier than request).

Açcording to the report, the ministry allegedly did not account for N2,885,772,493 launched from the Service Broad Vote for estacodes and different allowances for conferences and contribution to Organisation for Petroleum Exporting International locations.

The ministry allegedly awarded a contract on 17 Could 2017 for N98,540,500 with none doc, opposite to the Public Procurement Act.

The venture was not additionally budgeted for.

The ministry is accused of deducting N9,354,809 as Withholding Tax and Worth Added Tax with none proof of remittance.

"The ministry additionally reportedly spent N98,759,299.20 between January-December 2017 with none doc, opposite to Monetary Regulation 601.

"According to the 2019 report of the Auditor-General, the ministry paid N20,466,744.00 as cash advances to 'You-Win' staff between 8 February and 18 December 2018 but the ministry has failed to retire the money," the report mentioned.

The federal government misplaced N2,046,674, which might have accrued as taxes had these jobs been undertaken via the award of contracts, SERAP disclosed.

The sum of N15,471,850 was allegedly paid to 2 consultants for capability constructing in Kano and Adamawa states by the ministry with none supporting doc, opposite to paragraph 603 (1) of the Monetary Laws.