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Buhari called upon to probe ‘missing N300bn’

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President Muhammad Buhari has been called upon to investigate the missing of N300 Billion from the nation’s treasury.

The call was made by the Socio-Economic Rights and Accountability Project (SERAP) which also gave the president 14 days to direct the Attorney General of the Federation, Abubakar Malami, and anti-corruption agencies, to probe the alleged missing money.

SERAP based its demand on the 2017 audited report by the Auditor General of the Federation (AGF).

In a letter dated July 4, 2020 and signed by SERAP Deputy Director, Kolawole Oluwadare, the organization said such mismanagement; diversion and stealing of public funds, as well as unaccounted-for spending are not acceptable.

The letter was also copied to Bolaji Owasanoye, Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC); Ibrahim Magu, Acting Chairman, Economic and Financial Crimes Commission (EFCC); and Zainab Ahmed, Minister of Finance.

SERAP said the audit report suggests a grave violation of the public trust, and revealed that indicted Ministries, Departments and Agencies (MDAs) and the National Assembly lack effective and credible internal processes to prevent and combat corruption.

It was uncovered that the Federal Civil Service Commission (FCSC) allegedly spent ₦25,856,279 on behalf of the Federal Ministry of Foreign Affairs to develop online recruitment in April 2014 without any supporting memo from the Ministry of Foreign Affairs, and without due process.

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