The Socio-Economic Rights and Accountability Project, SERAP, on Sunday lauded the publication of recovered funds, but maintained that the Federal Government should publish the names of those involved.

SERAP’s Executive Director, Tokunbo Mumuni, noted that publishing the names of the high-ranking public officials involved was in line with international standards.

He explained that the naming would shame those indicted, prevent a repeat and discourage any intention of looting public funds by others.

The group charged the government to direct the recovered funds into concrete projects for positive developments.

In a statement issued by the group, it stated that “the recovered funds must be spent to directly benefit Nigeria’s most vulnerable populations particularly to improve their access to quality education, healthcare including for children, women and the elderly, and regular and uninterrupted electricity supply.

“It will be a double jeopardy for victims of corruption if recovered funds are re-looted, as it was the case with Sani Abacha recovered loot.”

The group also urged for the establishment of a transparency system and accountability in government.

Author: Cerebral Lemon