Account for $6.23m election funds or face legal action, SERAP tells CBN
SERAP has given the CBN a seven-day ultimatum to account for $6.23m in allegedly diverted election funds and over N1.63tn in other public funds. Read More: https://punchng.com/account-for-6-23m-election-funds-or-face-legal-action-serap-tells-cbn/
The Socio-Economic Rights and Accountability Project (SERAP) has given the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the CBN seven days to account for $6.23 million in alleged fraudulent election funds and over N1.63 trillion in other unaccounted public funds. This demand was made in a letter dated September 26, 2026, addressed to Cardoso and the CBN, signed by SERAP's Deputy Director, Kolawole Oluwadare.
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