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Where Is the Missing N30trn, SERAP Tells Okonjo-Iweala

Published

10 years ago

February 2, 2015

A civil society group, Socio-Economic Rights and Accountability Project, has told the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to explain to Nigerians the whereabouts of the N30tn allegedly stolen under her watch.
The group, in a letter to the Minister on Monday, asked her to within 14 days, account for the alleged missing sum or face a legal action.
SERAP’s demand followed the allegation by a former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, that not less than N30tn “had been missing or stolen or unaccounted for, or simply mismanaged” under Okonjo-Iweala’s watch as the Minister of Finance.
In the letter signed by its Executive Director, Adetokunbo Mumuni, SERAP said Nigerians had the right to know the whereabouts of the said money as it “represented some accrueable income to the Federal Government in the past four years.”
It said in line with the Freedom of Information Act, “your ministry has a legal duty to render account on the missing N30tn to the beneficiaries (Nigerians) of the trust, if and when called upon to do so.”