The Socio-Economic Rights and Accountability Project (SERAP) who are known for their anti-corruption duties has taken the action of sueing His Excellency President, Major General Muhammadu Buhari (retd.) over the failure of his government to present the details of the loans his regime has collected so far.
Healthforbes Media gathered that Kolawole Oludare who is the Deputy Director of SERAP reported that the group was anticipating that the court issues a mandamus order “to compel President Buhari to tell Nigerians the names of the nations and entities that have lended the loans, actual repayment conditions and if there’s any public officers that have collected bribes in the negotiations for any of the loans, and if there’s any plan to audit the spending of the loans to resolve any allegations of mismanagement and corruption.”
Abubakar Malami who is the Attorney General of the Federation was sued alongside with His Excellency President Buhari; the Minister of Finance, Budget and National Planing, Zainab Ahmed and Patience Oniha, Director-General of the Debt.
The Socio-Economic Rights and Accountability Project (SERAP) Stated, “Buhari must publish informations and details about the loans that have been gotten by the government since May 29, 2015 including the interest rate, the total amount of debts that have so far been carried out by the government, as well as details of the projects on which the loans have been spent”