Recovered loot: FG should publish names — SERAP

THE Socio-Economic Rights and Accountability Project, SERAP, yesterday hailed the publication of the list of recovered funds, but insisted that the Federal Government should publish names of those involved. President Buhari Beside, SERAP, charged the government to channel the funds for concrete projects for positive development towards the establishment of a culture of transparency and accountability in government. In a statement by its Executive Director, Tokunbo Mumuni, SERAP, said publishing the names of high-ranking public officials involved will be in line with international standard, recognizing that naming those involve will shame them and prevent future occurrence and also discourage any form of looting or re-looting of the recovered funds. To use the funds appropriately, the body called on President Muhammadu Buhari to set up a mechanism with a view to ensuring that it is applied in a transparent and accountable manner. In stated: “The recovered funds must be spent to directly benefit Nigeria’s most vulnerable populations particularly to improve their access to quality education, healthcare including for children, women and the elderly, and regular and uninterrupted electricity supply. ”It will be a double jeopardy for victims of corruption if recovered funds are re-looted, as it was the case with Sani Abacha recovered loot.”