Court Orders These Nigerian Past Presidents To Account For Recovered Stolen Loot

Honorable Justice M.B Idris of the Federal High Court sitting in Lagos has delivered a judgment ordering past successive Nigerian presidents right from 1999 till date to “ensure that they account for all recovered loots, especially stolen public funds”
Governments of Presidents Obasanjo, Yar’ Ádua, Jonathan and Buhari are all captured under this landmark judgment.
This follows a suit order brought in by Socio-Economic Rights And Accountability Project (SERAP) instituting legal action against the Federal Government of Nigeria, asking the court to compel government to make public all looted funds from 1999 administration to date.

According to Olukayode Majekodunmi, SERAP’s deputy executive director : “This judgment confirms the persistent failure of successive governments starting from the Obasanjo government, to respect Nigerians’ right to a corruption-free society and to uphold constitutional and international commitments on transparency and accountability. The judgment is an important step towards reversing a culture of secrecy and corruption that has meant that high-ranking government officials continue to look after themselves at the expense of the well-being of majority of Nigerians, and development of the country.”
“This is a crucial precedent that vindicates the right to a transparent and accountable government and affirms the human right of the Nigerian people to live a life free from want and fear. We are in the process of obtaining a certified copy of the around 60 pages judgment. SERAP will do everything within its power to secure the full and effective enforcement of this judgment.”

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.


Buying and Selling FX is is easy and Safe on Nairalaw.com Agree What Nigerian Bank you ant To meet Verify and Pay the FX into your Account and Pay The Seller Easy Safe ALL Within The Banking Premises ! You can even walk into Select Banks and Ask To Speak To The Manager Code Word Nairalaw ! If anything goes wrong and you need legal representation . We are Here To Help ! YO CAN DO ONLINE FX DEALS VIA OUR DEAL ARBITER APP FREE . THEY ARE AT YOUR OWN RISK EXCEPT YOU PAY A SMALL CHARGE UPFRONT
BUY 1 MILLION UK US EMAILS AND START RESELLING ON ADVERTIS.I.NG BUY 1 Million UK US EMAILS AND START RESELLING FOR DMCA PLEASE CONTACT US
  • Related Posts

    • Naira
    • January 13, 2025
    • 0 views
    Transcorp Hotels Hits 52-Week High Ahead of Earnings Release

    Transcorp Hotels Hits 52-Week High Ahead of Earnings Release Transcorp Hotels Plc has seen an additional price surge that lifted its market value to a 52-week high. The hospitality stock…

    Read more

    • Naira
    • January 13, 2025
    • 0 views
    Interbank Rates Climb as Swap, OMO Outflows Squeeze Liquidity

    Interbank Rates Climb as Swap, OMO Outflows Squeeze Liquidity Liqudity squeeze driven by the Central Bank of Nigeria’s (CBN) swap arrangement, OMO, and Treasury bills auction outflows pushed interbank rates…

    Read more