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There Will Be No Need To Borrow If You Recover The Huge Amount Of Money AGF Told You Is Missing – SERAP To Tinubu

The Deputy Director of the Socio-Economic Rights and Accountability Project (SERAP), Kolawole Oluwadare has called for the recovery of looted funds within the nation.

He insisted that if President Bola Tinubu has the best interest of Nigerians at heart then he ought to demand the investigation of looted funds.

Oluwadare made his submission during an interview with Punch.

According to him, there will be no need to go about borrowing if the country is able to successfully recover looted funds.


He said, “The Auditor General of the Federation is appointed by the President and answers to him, and he has produced a report that a huge amount of money cannot still be accounted for. The only thing the President can do if he really has the interest of Nigerians at heart is to ensure that this is investigated, and the funds are recovered. Perhaps, there may be no need to go about borrowing. There will be no need to borrow if we recover most of the looted funds.

It raises the point about the Abacha loot that we are still getting funds but what about the internally looted funds that can be recovered to help us finance critical aspects of our budget and also to ensure that we do not only recover the looted funds but ensure that they are not re-looted and end up in pockets. We need a proper administration that is keen on fighting corruption and delivering the promise for the welfare of the people. This report from the Auditor General is a good path to mop up these looted funds that are not even outside the country to ensure that we put them to best use for the interest of the people.”




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