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    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

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Devastating Flood: Probe Spending Of Billions Of Ecological Funds By Borno Govt – SERAP Tells Tinubu

The Daily Crucible by The Daily Crucible
September 22, 2024
in News
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Devastating Flood: Probe Spending Of Billions Of Ecological Funds By Borno Govt – SERAP Tells Tinubu

 

The Socio-Economic Rights and Accountability Project, (SERAP) has called on President Bola Tinubu to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to immediately investigate the spending of the billions of naira of Ecological Fund collected by Borno State in the last 23 years .

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The group also demands probe of the N816million collected by the state between January 2024 and June 2024.

SERAP said suspected perpetrators of allegations of corruption and mismanagement of ecological funds should face prosecution as appropriate, if there is sufficient admissible evidence, and any proceeds of corruption should be fully recovered.

In the letter by SERAP deputy director Kolawole Oluwadare, the organisation on Saturday said: “Your government has a legal obligation to address the prevalence of flooding across the country and its effect on people, and to ensure that the money meant to stop the floods is not lost to corruption.

“The devastation in Borno highlights your government’s obligation to promote and ensure transparency and accountability in the spending of ecological funds by all tiers of government and emergency management agencies.

“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter.

“If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.

“Your government has legal obligations to ensure protection of the rights of flood victims in Borno and elsewhere in the country.”

 

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