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You Must Reckon For ‘missing N30tn’ – Court Tells FG, Okonjo-iweala - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsYou Must Reckon For ‘missing N30tn’ – Court Tells FG, Okonjo-iweala (582 Views)

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You Must Reckon For ‘missing N30tn’ – Court Tells FG, Okonjo-iweala by jokunle(op): 4:34pm On May 23, 2016
The Federal High Court sitting in Lagos has ordered the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, and the federal government to provide information on the spending of the alleged ‘missing N30 trillion’, representing the accruable income to the federal government during the last four years of the administration of former President, Dr. Goodluck Jonathan.
The judgment was delivered last Friday by Justice Ibrahim Buba following a Freedom of Information (FoI) request in suit number FHC/L/CS/196/2015 brought by a civil society organisation, Socio-Economic Rights and Accountability Project (SERAP).
SERAP’s suit followed revelations by the former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, that at least N30 trillion “has either been stolen or unaccounted for, or grossly mismanaged over the last few years under the Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala’s watch.”
Soludo had asked Okonjo-Iweala the following questions: “How many trillions of naira were paid for oil subsidy (unappropriated)? How many trillions (in actual fact) have been ‘lost’ through customs duty waivers over the last four years? Can you tell Nigerians why the price of diesel has still not come down despite the crash in global crude oil prices, and how much is being appropriated by friends in the process?”
Soon after the former CBN governor asked the questions, SERAP in February 2015 dragged Okonjo-Iweala to court for refusing to provide information about spending of the alleged missing N30trillion
Justice Buba in his judgment, said Okonjo-Iweala and the federal government had no legally justifiable reason for refusing to provide SERAP with the information requested for.
The court agreed that SERAP’s application had merits and granted it as prayed.
http://www.juicygossips.com.ng/2016/05/you-must-reckon-for-missing-n30tn-court.html
Re: You Must Reckon For ‘missing N30tn’ – Court Tells FG, Okonjo-iweala by Babacele: 4:39pm On May 23, 2016
better source please.
Re: You Must Reckon For ‘missing N30tn’ – Court Tells FG, Okonjo-iweala by hakeem4(m): 7:43pm On Jun 01, 2016
Why are you lying ?
jokunle:
The Federal High Court sitting in Lagos has ordered the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, and the federal government to provide information on the spending of the alleged ‘missing N30 trillion’, representing the accruable income to the federal government during the last four years of the administration of former President, Dr. Goodluck Jonathan.
The judgment was delivered last Friday by Justice Ibrahim Buba following a Freedom of Information (FoI) request in suit number FHC/L/CS/196/2015 brought by a civil society organisation, Socio-Economic Rights and Accountability Project (SERAP).
SERAP’s suit followed revelations by the former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, that at least N30 trillion “has either been stolen or unaccounted for, or grossly mismanaged over the last few years under the Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala’s watch.”
Soludo had asked Okonjo-Iweala the following questions: “How many trillions of naira were paid for oil subsidy (unappropriated)? How many trillions (in actual fact) have been ‘lost’ through customs duty waivers over the last four years? Can you tell Nigerians why the price of diesel has still not come down despite the crash in global crude oil prices, and how much is being appropriated by friends in the process?”
Soon after the former CBN governor asked the questions, SERAP in February 2015 dragged Okonjo-Iweala to court for refusing to provide information about spending of the alleged missing N30trillion
Justice Buba in his judgment, said Okonjo-Iweala and the federal government had no legally justifiable reason for refusing to provide SERAP with the information requested for.
The court agreed that SERAP’s application had merits and granted it as prayed.
http://www.juicygossips.com.ng/2016/05/you-must-reckon-for-missing-n30tn-court.html
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