IBB must face probe over twelve-point-four-billion dollars oil windfall, says SERAP

Written by on August 22, 2016

download (3)A rights advocacy group, the Socio-Economic Rights and Accountability Project, has called on the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), to reopen the unresolved case of the missing twelve-point-four billion dollars oil windfall.


According to the group, the money was spent between 1988 and 1993 by the government of a former military dictator, General Ibrahim Babangida. SERAP urged Malami to use his office and power under Section one-seven-four of the Constitution to establish the truth about what happened to the money and to prosecute anyone found culpable. The group made the call in an open letter by its Executive Director, Adetokunbo Mumuni, to the AGF on Sunday.

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