Socio-Economic Rights and Accountability Project (SERAP) has claimed that all the stolen public funds recovered between 2016 and 2019 by the immediate past government of Muhammadu Buhari are missing from the Central Bank of Nigeria.
The group revealed this on Wednesday afternoon via its verified X-page, adding that the missing looted funds were discovered when the management of the apex bank could not account for them.
Recall that the Human and Environmental Development Agenda Resource Centre had earlier said it disagreed with the Nigerian government on the amount of looted funds the latter said it recovered from 2015 to 2022.
The Buhari’s Government disclosed that over one billion dollars were recovered as looted funds by the administration within the period of seven and half years.
The former Attorney-General and Minister of Justice, Abubakar Malami, who made this known while briefing newsmen said $1 billion in looted funds had so far been recovered by the Buhari-led administration that the funds had been deployed to various sectors of the economy, including poverty alleviation.
However, Olanrewaju Suraju, Chairman of HEDA Resource Centre had disclosed that the figure published by the government was not accurate.
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