SERAP sues FG over London-Paris Club refund spending

SERAP sues FG over London-Paris Club refund spending
April 05 12:13 2017

The Socio-Economic Rights and Accountability Project has told a Federal High Court sitting in Lagos, to compel the Account General of the Federation to publish the details of how the N388.304bn London-Paris Club Loan refund was spent.

The organisation filed the suit marked, FCH/CS/523/17, in reaction to allegations of diversion and mismamement of the monies by 35 state governments.

SERAP said it wants the court to grant it leave to seek an order of mandamus compelling the Accountant General of the Federation, Alhaji Ahmed Idris, to compile and pass information on the spending of the N388.304bn to the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN).

It wants the AGF to, upon receiving the information from the Accountant General of the Federation, take legal action against the state governments which allegedly diverted the funds.

SERAP wants the states suspected to have diverted the money to widely publish the details of how the funds were spent, including on a dedicated website.

Its counsel, Timothy Adewale, argued that the alleged diversion of the N388.304bn London-Paris Club loan refunds had undermined the human dignity of workers and pensioners facing difficult circumstances.

He argued that the alleged diversion had deprived workers and pensioners the capacity to fully realise their internationally recognised economic and social rights.

The court has yet to fix a date for the hearing of the suit.