Repatriation of $52.88m linked to Dizieni excites CISLAC, calls for accountable utilization
The Civil Society Legislative Advocacy Centre (CISLAC) has commended the repatriation of $52.88 million in recovered assets linked to former Minister of Petroleum Resources, Diezani Alison-Madueke, by the United States government. CISLAC applauded the collaboration between the Nigerian and U.S. governments in achieving this milestone and underscored the importance of ensuring transparency and accountability in utilizing the recovered funds.
Related news
CISLAC frowns at reckless spending by CBN officials amidts hunger
Alleged terrorism financing, others: CISLAC decries move by police to silence labour
CISLAC lauds Tinubu’s resolve to address citizens’ concerns through dialogue
In a statement issued by its Executive Director, Comrade Auwal Musa Rafsanjani, the organization urged the Federal Government to channel the funds into visible development projects that directly benefit the Nigerian people.
Rafsanjani stated:
“According to the Minister of Justice, the bulk of the recovered funds will be used to finance rural electrification through the World Bank. However, we seek more details regarding this plan. For instance, will government agencies be involved? How much of the funds will actually reach the citizens?
“This is crucial, especially considering that the proposed 2025 budget includes substantial allocations for cars and other frivolous items that neither reflect the country’s economic realities nor address the widespread hunger. We need greater transparency about the utilization of these funds, as well as the full terms of the agreement between all parties involved.”
CISLAC emphasized the necessity of adhering to the Proceeds of Crime (Recovery and Management) Act 2022, advocating for openness in disclosing details about asset recoveries. The organization stressed that citizens must be able to monitor the impact of these funds to hold the government accountable.
The organization further highlighted that visible and impactful use of the recovered assets is key to restoring public trust in the government’s anti-corruption efforts.
Rafsanjani warned:
“If these funds are not transparently used for the benefit of Nigerians, suspicions of re-looting will inevitably arise. The era of mismanaging recovered assets must end.”
CISLAC reaffirmed its commitment to advocating for the recovery of looted funds and their proper deployment for national development. Rafsanjani added:
“This recovery is a positive outcome of CISLAC’s global advocacy efforts, alongside those of other partners. We will continue to support initiatives that promote justice, accountability, and socio-economic development.”
The organization also urged the Federal Government to build on this success by pursuing other pending asset recovery cases and ensuring that all proceeds are utilized to improve the lives of Nigerians.
__________________
We do hope that the information we were able to provide you are helpful. Checkout out other unique articles on our blog for more detailed information and do well to share with your friends and family. Follow us on our Twitter and Facebook to stay updated with premium information.
Please leave any comments or questions in the area given below.
DISCLAIMER: The views and opinions expressed in Fact Check are those of the authors and do not necessarily reflect the official policy or position of Fact Check. Any content provided by our bloggers or authors is of their opinion and is not intended to malign any religion, ethnic group, club, organization, company, individual, or anyone or anything.
Information is presented to the best of our knowledge and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability concerning the website or the information, products, services, or related graphics contained on the website for any purpose. Therefore, any reliance you place on such information is strictly at your own risk.
