SERAP sues INEC over failure to account for ‘missing ₦126bn electoral funds’
SERAP has sued INEC at the Federal High Court, Abuja, over its failure to account for over ₦126bn allegedly diverted or mismanaged electoral funds. Read More: https://punchng.com/serap-sues-inec-over-failure-to-account-for-missing-%e2%82%a6126bn-electoral-funds/
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Independent National Electoral Commission (INEC) over the alleged mismanagement and diversion of over ₦126.46 billion in electoral funds. The suit, filed at the Federal High Court in Abuja, demands that INEC disclose detailed information on the expenditure, utilization and disbursement of the funds.
SERAP argues that the funds were meant for the procurement of election materials, equipment and vehicles, and that these allegations are supported by the 2023 audited report of the Auditor-General of the Federation. The allegations cover a period between January and December 2022, with some extending to December 31, 2023. SERAP seeks an order compelling INEC to provide a full financial and documentary account of the funds, including information on payment beneficiaries and contractors.
The organization emphasizes the importance of transparency and accountability in the management of public resources, particularly in the context of upcoming elections, and warns that a failure to do so may lead to a loss of public trust and potential corruption.
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