Civil Society Organisation to monitor disbursement of recovered funds

0 407

By Peter Bahago, Abuja

The Nigerian government has approved the engagement of a Civil Society Organisation, CSO,  that will monitor the implementation of projects to be financed with the $311million recovered in February 2020.

This is contained in a statement by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations to the Attorney General and Minister of Justice, AbubaKar Malami.

He said the purpose for the involvement of the CSO was to increase transparency in the management of recovered funds.

The statement said “the approval came after a presentation made by the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on the competitive bidding process involving 17 Nigeria and international CSOs and Businesses”

“The Federal Executive Council approved the award of the consultancy monitoring of the projects; 2nd Niger Bridge, Abuja to Kano Express Way and Lagos to Ibadan Expressway to CLEEN FOUNDATION, a Nigerian based CSO” the statement added.

The statement further said that the selection process included the participation of the other two countries that signed the Tripartite Agreement for the return of the Abacha three stolen assets; United States of America and the Bailiwick of Jersey.

He reiterated that the engagement is in line with President Buhari’s commitment to Open Government and the principles of The Global Forum on Asset Recovery (GFAR) as well as the UN Convention Against Corruption provisions on Asset Recovery.

 

Confidence Okwuchi

Leave A Reply

Your email address will not be published.