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CSJ charges Buhari to caution govt. agencies on embezzlement of funds

Last updated: June 24, 2020 1:25 pm
6 years ago
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2 Min Read
Buhari

The Centre for Social Justice, CSJ, has charged President Muhammadu Buhari, to call on heads of different government agencies to order following reports of unaccountability and lack of transparency in the utilization of public funds.

The lead director of the Centre, Eze Onyekpere, declared that it has already filed about 16 different charges bordering on freedom of information, public finance management, and due process as well as recovery of mismanaged public funds before different courts.

He alleged that government agencies failed to declare or remit to the Federation Account the sum over N1.5 trillion while Nigeria suffer under huge foreign loan burden, and revenues which ought to be deployed towards financing annual budgets and other key projects are mismanaged

Among the suits said to have been filed is the suit against Director General, Securities and Exchange Commission, over alleged non-remittance of over two billion naira representing 25 per cent of the internally generated revenue realized in 2015 and 2016.

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Also a suit against the Director General, National Centre for Women Development over non-remittance of one hundred and thirty five million naira.

Another against the Director-General, National Power Training Institute of Nigeria for alleged failure to remit over eighteen million naira for Value Added Tax and over 19 million naira Withholding Tax deducted from payments made to contractors in respect of the supply of goods and services.

(Editor: Paul Akhagbemhe)

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