SERAP Calls for Probe into N6.3bn Fund Diversion

The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio and House Speaker Tajudeen Abbas to investigate the alleged diversion of N6.3 billion in constituency project funds. SERAP's call follows findings from the Auditor General of the Federation's 2022 annual report, which highlighted serious financial irregularities involving several ministries and agencies.

SERAP demands that any individuals found culpable be prosecuted and that the misappropriated funds be returned to the national treasury. The organization also requests public disclosure of the contractors involved, including their shareholders and beneficiaries.

Allegations include payments made to private bank accounts, contract awards without due process, and failure to execute projects as agreed. SERAP has given the National Assembly seven days to act before pursuing legal action in the public interest.

The report implicates various entities, including the Ministry of Environment and the Federal Polytechnic Ukana, in financial misconduct.