14 ex-govs fingered in N21 trillion, $47.4 billion alleged fraud in 15 years

Forum 1 year ago

14 ex-govs fingered in N21 trillion, $47.4 billion alleged fraud in 15 years

14 former governors, eight erstwhile Ministers and Special Advisers, and five senators are among 100 high-profile individuals fingered in alleged corruption cases involving N21. 63 trillion and $47.4 billion over the past 15 years.

73 other suspects were outside of the three categories.

N7. 9 trillion and $17. 8 billion of the alleged fraud involved men, N8.9 trillion and $20 billion involved women while N4.2 billion and $9. 6 billion involved corporate bodies, according to a report.

The alleged fraud (N21. 63 trillion) is almost equal to the 2023 budget of N21.83 trillion of the Federal Government and the Ways and Means debt of N22.7 trillion the Federal Government is owing the Central Bank of Nigeria (CBN).

Reacting to the report, Justice Richard Goldstone (retd), a former Justice of the Constitutional Court of South Africa and a member of the Board of a non-governmental organization that pushes for the establishment of a permanent International Anti-Corruption Court, said it was important that the trials of those charged should be pursued with vigour and efficiency

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