Connect with us

Business

SERAP appeals World Bank’s decision on spending of Abacha loot

Published

on

Spread The News
Socio-Economic Rights and Accountability Project, (SERAP) has sent an appeal to Access to Information (AI) Appeals Board against the World Bank’s decision dated November 25, 2015 “to provide patently insufficient information on the spending of recovered stolen funds from the late General Sani Abacha.”
SERAP said that it considered the decision “a serious violation of the AI Policy, as it amounts to improper or unreasonable restriction of access to information.”
In the appeal dated  February 5,  2016, and signed by SERAP Deputy Executive Director, Comrade Olukayode Majekodunmi,  the organisation remarked that, “Following receipt  of several documents from the World Bank totaling over 700 pages on the Abacha loot, SERAP commenced independent investigations and verification of some of the information supplied with appropriate agencies and institutions of government.” The group was, however, constrained by the restriction of information by the World Bank.
The appeal read in part: “SERAP is concerned that the World Bank failed and/or neglected to provide several portions of the information requested on the spending of recovered Abacha loot managed by the Bank.” Thus, SERAP noted that one of the guiding principles of the Policy on Access to Information (AI Policy) is recognizing the right to an appeals process when a request for information in the World Bank’s possession is improperly or unreasonably denied.
SERAP argued that “there is a strong public interest case here to override the corporate administrative matters, deliberative information or financial information exceptions of the AI Policy if the information being requested falls under one of these exceptions.”
SERAP expressed the belief that it is not harmful for the Bank to disclose specific details of the information requested, noting that “the sole remedy available to those who prevail in the appeals process is to receive the information requested.”
SERAP, therefore, requested the Access to Information (AI) Appeals Board to exercise its prerogative and allow disclosure of the following specific information and any feedback from the World Bank Evaluation Team on the issues below:
Evidence and list of the 23 projects allegedly completed with recovered Abacha loot, and whether the 26 projects where actually completed, and what became of the two abandoned projects.
Evidence and location of the eight health centers built with recovered Abacha loot reviewed by the World Bank; Evidence and location of the 18 power projects confirmed by the World Bank; How the $50 million Abacha loot received before 2005 kept in the special account was spent; Evidence and location of schools which benefited from the Universal Basic Education (UBE) program in the amount of N24.25 billion; Evidence and location of the 13 road projects completed with the recovered Abacha loot, including the names of the three of the largest road and bridge projects in each geo-political zone.

Trending