SERAP SUES PRESIDENT BOLA TINUBU OVER FAILURE TO ACCOUNT FOR LOANS BY EX-PRESIDENTS.
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of president Bola Tinubu over the failure to publish spending details of the loans obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.”
The suit was filed against the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Debt Management Office (DMO).
SERAP is also asking the court to direct and compel the Tinubu government to publish the spending details of any such loans, including the interests and other payments so far made on the loans.
In the suit, SERAP argued that, No one should be able to pull curtains of secrecy around decisions on the spending of public funds which can be revealed without injury to the public interest.
It added that, The Tinubu led-administration should make it possible for citizens to have access to the agreements and spending details to judge whether their government is working for them or not.