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SERAP asks INEC to account for N126.46bn funds

SERAP has given INEC seven days to account for over N126.46bn in public funds allegedly mismanaged, based on the Auditor-General’s 2023 report. Read More: https://punchng.com/serap-asks-inec-to-account-for-n126-46bn-funds/

SERAP asks INEC to account for N126.46bn funds

The Socio-Economic Rights and Accountability Project (SERAP) has demanded that the Independent National Electoral Commission (INEC) account for over N126.46 billion in public funds allegedly mismanaged or unaccounted for in the Auditor-General of the Federation's 2023 audited report. SERAP made the request in a letter dated September 12, 2026, addressed to INEC Chairman, Prof Joash Amupitan (SAN).

The funds were allegedly used for various election-related expenses, including ballot boxes, electoral devices, vehicles, accreditation devices, and consultancy services. SERAP urged INEC to provide details of payments, beneficiaries, contracts, procurement processes, and the current status of the goods and services. The organization also called for the referral of alleged financial misconduct to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for investigation and prosecution.

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