Court orders Okonjo-Iweala account for missing N30trillion

Court orders Okonjo-Iweala account for missing N30trillion

Sunday, May 22, 2016 7:55 am


Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala

Nigeria’s former Minister of Finance, Dr. Ngozi Okonjo-Iweala and the Federal Government have been ordered by a Federal High Court to “provide information on the spending of the alleged missing N30 trillion which represents some accruable income to the Federal Government during the last four years of the Administration of former President Goodluck Jonathan.”

The judgment was delivered  by Justice Ibrahim Buba following a Freedom of Information suit brought by Socio-Economic Rights and Accountability Project (SERAP).

SERAP’s suit followed revelations by the former Governor of Central Bank of Nigeria (CBN), Charles Soludo, that at least N30 trillion “has either been stolen or unaccounted for, or grossly mismanaged over the last few years under the Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala’s watch.”

Justice Buba said, “Mrs Okonjo-Iweala and the Federal Government have no legally justifiable reason for refusing to provide SERAP with the information requested for. The Court has gone through the application and agrees that SERAP’s application has merits and the argument is not opposed. SERAP’s application is granted as prayed.”

The Court agreed with the arguments by SERAP deputy director Olukayode Majekodunmi that Mrs Okonjo-Iweala and the Federal Government “should have either supplied the information requested by SERAP or communicate her denial within 7 days of receipt of the letter from SERAP if she considers that the request should be denied.”

The judgment by Justice Buba reads in part: “Preliminary objection by Mrs Okonjo-Iweala and the Federal Government is misconceived, the court upholds the arguments by SERAP for the reasons stated herein.”

“SERAP commenced this proceeding by way of Originating Summons dated 23 February 2015 and filed 25 February 2015. Mrs Okonjo-Iweala and the Federal Government filed a Memorandum of Conditional Appearance, a Notice of Preliminary Objection and written address, all undated but filed on 29 September 2015.”

“The preliminary objection is on the following grounds: that SERAP did not obtain the mandatory leave of the Federal High Court to issue and serve the Originating Summons and other processes outside Lagos State; that there is no mandatory endorsement on the Originating Summons that it is to be served on Mrs Okonjo-Iweala and the Federal Government in Abuja and outside jurisdiction of this Court.”

“The only issue for determination is whether Mrs Okonjo-Iweala and the Federal Government should be heard on their preliminary objection considering the totality of the circumstances of this case.”

“He who wants equity must do equity. This suit was filed on 25 February 2015 and from the record of the court was served on Mrs Okonjo-Iweala and the Federal Government on 3 July, 2015. It took about 3 months for them to come up with technical response to the simple request for information under the Freedom of Information Act 2011.”

“Mrs Okonjo-Iweala and the Federal Government have therefore been caught by Order 29 of the Rules of this Court, which requires that an application shall be made within 21 days after service on the Defendants of the originating summons.”

“If Mrs Okonjo-Iweala and the Federal Government want to raise issues about service, the law does not permit of demurer. The proper route for them should have been to join issues with the originating summons and also file their objections. In the present case by SERAP, the Notice of Preliminary Objection by Mrs Okonjo-Iweala and the Federal Government is incurably defective for not conforming to order 29 of the Rules of this Court.”


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6 Comments

  • Kemisola Robert says:

    I wonder what kind of judgments is passed these days. How can you expect her to be accounting for all those funds again. What of the 100 pages document she sent to SERAP the other day? What of the record documented and kept in the administration? This is an attempt to waste Dr Iweala’s time and it is highly unfair.

  • Salome Mohammed says:

    Soludo’s attempt to be named Minister of Finance in the Buhari-administration led SERAP on a wild goose chase, and foolhardy then ran after it. How confused can they be. Courts to pronounce orders via press release by the way.

  • Rowland Williams says:

    SERAP is of no good to the Nigerian soil. SERAP or what do they call themselves, they are nothing but INSTRUMENTS OF OPPRESSION and AGENTS of corruption fostering inhumanity on their subject of oppression.

  • Femi Hassan says:

    This is just an obvious case of corruption fighting back. And SERAP is the willing pawn being paid by the cabal that Dr Iweala fought to a standstill. Sad for the country.

  • Olusola Daniel says:

    It’s clear that Madam Okonjo-Iweala has stepped on many toes in the course of ensuring transparency and accountability in a very corrupt environment. Like every other attempt that has been made before now, this too will soon be revealed for the vacuous allegation that it is.

  • Wordchamp says:

    It’s unfortunate that any court would accord importance to such a baseless suit as this. It shows how far our judicial system is from where it ought to be.

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