SERAP sues CBN over $6.23m election funds, N1.63tn others
SERAP has sued the CBN at the Federal High Court, Abuja, demanding it account for $6.23m in election funds and over N1.63tn flagged by the Auditor-General. Read More: https://punchng.com/serap-sues-cbn-over-6-23m-election-funds-n1-63tn-others/
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) for its alleged failure to account for $6.23 million in election-related funds and over N1.63 trillion in other public funds, as identified in the Auditor-General of the Federation's 2023 annual report. The lawsuit, filed at the Federal High Court in Abuja, seeks a court order compelling the CBN to disclose the beneficiaries, repayment status, and recovery measures related to the funds, as well as identifying officials responsible for approving and disbursing the money.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
