The Federal High Court sitting in Lagos has declared in a judgement that successive administrations since 1999 when their was a democratically elected government,
“breached the fundamental principles of transparency and accountability for failing to disclose details about the spending of recovered stolen public funds, including on a dedicated website.”
The details ordered by the court to be disclosed include: information on the total amount of recovered stolen public assets by each government; the amount of recovered stolen public assets spent by each government as well as the objects of such spending and the projects on which such funds were spent.
President Muhammadu Buhari has been ordered by the court that his administration should ensure that all recovered loot are well accounted for, including that of other government President Olusegun Obasanjo, former President Umaru Musa Yar’Adua, and former President Goodluck Jonathan.
The judgment was delivered on Friday by Hon Justice M.B. Idris following a Freedom of Information suit no: FHC/IKJ/CS/248/2011brought by Socio-Economic Rights and Accountability Project (SERAP).