“Missing N30 trillion” lawsuit against me politically-motivated, says Okonjo-Iweala

Finance Minister, Ngozi Okonjo-Iweala

The Minister of Finance, Ngozi Okonjo-Iweala, has lambasted a civil society group, Socio-Economic Rights and Accountability Project, for instituting a lawsuit against her over the claim by a former Central Bank governor, Chukwuma Soludo, that Nigeria has lost as much as N30 trillion to corruption and mismanagement.

Apart from describing the suit as spurious, the Minster said it was “the latest in the campaign of falsehood and politicization of the economy by persons and groups who are getting more desperate by the day, because the economy, despite their propaganda, was still standing and will continue to stand”.

SERAP had instituted the case against the Minister for “failure to provide information about spending of the alleged missing N30trillion”, which the group said represented “some accruable income to the Federal Government in the past four years”.

The suit, filed at the Federal High Court, Ikoyi, Lagos, followed a Freedom of Information request by the civil society group to the Minister dated February 2.

SERAP’s suit followed the disclosure by Mr. Soludo in an article that over N30trillion was missing, or stolen, or unaccounted for, or simply mismanaged under the minister’s watch.

As trustee of public funds, SERAP said Mrs. Okonjo-Iweala has a legal duty to render account on the missing trillion to the beneficiaries (Nigerians) of the trust, if and when called upon to do so.

So far, the group noted, she has “failed, refused and/or neglected to provide the Plaintiff with the details of the information requested”.

By virtue of Section 1(1) of the FOI Act 2011, the Plaintiff is entitled as of right to request for, or gain access to information which is in the custody or possession of any public official, agency or institution. By the provisions of Section 2(7) and 31 of the FOI Act 2011, the Defendant is a public official.”

But, the Minister in her reaction through a statement on Tuesday by her spokesperson, Paul Nwabuikwu, said the group had brought “a politically motivated suit” against her “based on the discredited N30 trillion allegation by Professor Charles Soludo”.

Characteristically, the minister’s statement was unsparing of the civil society group with a heavy dose of tongue lashing, saying the suit “confirms that SERAP is nothing but a political tool of the opposition hiding behind the façade of advocacy”.

“Like their previous efforts, this latest one will fail because Nigerians can see through their antics. We look forward to meeting SERAP in court,” the statement declared.


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  • Spoken word

    madam, why all these diversionary tactics.where is our money, answer this simple question. Why is it that parastatals do not remit their revenue to the treasury. Why are they allowed to spend as they wish.We the people are the ones suffering from all this corruption.

  • amazing2012

    Thief ! Is the money not missing ? Wait until it become militarily motivated !!

    • Philip Musa

      …at least she attended Harvard; you’ll be a nobody forever! just my own 2 kobo contribution — who am I? bwehehehehehehehehe!!!!!!!!!!!

      • amazing2012

        The entire world is facing difficulties and challenges both security and economic. But do you notice that the world is ruled and manage by Harvard and Oxford graduates/ western ideologies. If the world is facing problems, it is because of western ideologies/ Harvard graduates forcing theories that are not compartable with realities. Surely, educated graduates from western schools with western perception of development are problem of our earth.
        You can be a graduate from any school but what matters is result not Jonathan PhD.

      • amazing2012

        Slavery of mind and submission of consciousness !

      • New Nigerian

        What has Harvard got to do with it? She performed well under Obasanjo and under Jonathan she did a lobotomy and leveraged the reputation to cash-up – diverting public resources for Jonathan. She has a case to answer. Once she is done in Nigeria. She’d be sued in the US – not just her, all those who have blood on their hands literally with the extreme social political engineering that they have taken Nigeria through in the last 4 years to break it up and make it personal estate of a few.

        • Charles Owolabi

          Please stop using those hard drugs yoruba u have been smoking and snorting. It is affecting your thinking

  • God dey

    We need more explanations

  • Sanmi Falae

    How would a lawsuit against you be ‘politically motivated’ when you are not a politician and the suit was instituted by an apolitical organisation? Probably the dumbest Finance Minister in the entire world.

    • God dey

      I agree this is not politically motivated esp given the fact that SERAP has filed suits against Fashola on world bank loan before. So let’s not bring politics into this thing o!

    • friend

      Who told you that SERAP is an apolitical organisation? How much noise did SERAP make when they sued Fashola compared to this noise about the suit against NOI. Besides, the suit against Fashola is justified. There is a prima facia evidence to sue Fashola. There is no evidence to sue NOI. Soludo’s accusation is just wild allegation that has no basis.

  • Kareem

    I believe you madam.
    Same way discerning minds fished out the APC moles out of #BringBackOurGirls. Talking about Dino Melaye and Hadiza Usman!

  • segun

    prove yourself madam that’s all they ask ?

    • friend

      There is nothing to proof to political jobbers.

      • Wähala

        Mumu,
        Since when did the accused start proving their innocence? Get some education…

  • Dazmillion

    Madam, if only you had responded to the FOI request then you would not be singing this crazy song about political victimization. By the way why is it that anytime you and your boss are questioned on issues bordering on corruption, you guys start shouting “Political”?

    • friend

      Tell what this propaganda by SERAP is about. Is it not political victimization? This people are running wild without any aim but to tarnish the image of the minister.

      • Dazmillion

        My friend it is very simple just give SERAP the information they requested if you have nothing to hide

        • Patriotique

          Thank You bro.

    • Wähala

      Baboon…
      Did Dumbo respond to the FoI request for the release of the forensic report on NNPC?
      Didn’t Diezani recently ignore a summons to appear before the Senate and explain current fuel scarcity?
      For 6yrs, this same Clowns Show by SERAP has been dancing around looking for Dumbo assets declaration form. At leaset she has human voice to sing a song, a baboon coos in the forest so go back to your cousins and join their noise rather than mix-n-mingle with civilized discussions by humanity. Chump!

      • Dazmillion

        I am sensing that you are an aggrieved Ibo man, most likely from delta state. You don’t need to defend Ngo baby because she is Ibo. Wrong is wrong.

        • Wähala

          I’m core Igbo and will defend anybody regardless of tribal marks once I sense gang-rapists are on the loose. Get a life!

      • bib

        Didn’t a committee of House of Rep say recently that the revenue accruing to and spent by FG is three times the amount in budget? Why hasn’t she responded to the House committee allegations?

        • Wähala

          Is she your tax collector?
          Didn’t the same House Cmte say the Executive Arm of Govt. uses those agencies to siphon money and bloat our budget… does she head the executive arm of government? One of such agencies is the NPA headed by Tief Anenih, Chairman of BoT for the evil PDP cabal, imagine what would happen if she pulled on his belt to pay us our money. Go sitdon bo!

          • Genf Rolex

            You again…
            Anu mpama

          • bib

            I don’t understand your stand. But she prides herself as The Coordinating Minister of the economy. Ordinarily has the Minister of finance and with world bank ‘experience’ she is supposed to block all drains to our treasury. If you don’t know she is our chief tax collector also.

  • Nnewi Man

    Madam why are you manipulative like this,how come you know how to take glory for all the good in Nigeria and shift the blame to other people when it comes to giving accountability for wrong doings,pls go and defend yourself before the court of law.

    • friend

      She is not being manipulative. She is telling Nigerians the real truth about the issue at stake.

  • New Nigerian

    Hello madam Super Minister – Everything you do is political. Please look up political economy, in case you missed that class. Jonathnomics which is what you have been looking after is about diversion of our public resources to extremely few private hands. And you know it. But I guess in your hubris you think Nigerians do not see it for what it is. You have failed in the area of ethics and as an American yourself, you’d know that if you pull the stunts you have been pulling for Jonathan in the USA you’d be in Jail by now. Confirmed. And you may as well be, because once you are done defending yourself in Nigeria anyone can simply e-mail the US Justice department and your whole issues would be looked at – same with all the principal actors of the buffoonery that has become of the government of Jonathan.

    • Genf Rolex

      She is not American… You has American permanent resident.
      That woman is a disgrace…

  • burning spear

    Only an unthinking—mentally disturbed————–leadership of an agency headed by Falana——–will foolishly institute legal action against the minister over an abstract issue————————–that she should be made to account for money that never accrued to the nations——coffers—–abi—-?—Not even during the era of Obj when oil was selling at 147 dollars per barrel—–But during the period of Zonathan when crude oil is selling at 50-? Who is buying–crude oil which is everywhere now?—–Maybe she is being asked to account for crude oil–stolen–since 1957–when oil was discovered in the Niger Delta and not the ones which were lifted by the Fulani generals–during the era of IBB ati Abacha and Obj———–That the Customs department should vomit all the money that was stolen when Fulanis were made head of the agency—abi?———Has any Ijaw man been appointed to head the Customs since its establishment—————————-this case can only be heard by a mad judge on hard drugs like tinubu–kalas

    • Ade

      Bro you need to repent so that you will not burn in hell.

      • Odogwu

        Did you not see the name he is using here? He is already in hell!

    • sam funso

      Are you defefending this woman with 50 Dollarsper barrel? This is a request before the fall of the oil price. She should react to the Court case. SERAP is making a valid request.

  • Progress

    Madam Gele if you dont want to spend the rest of years in jail release the NNPC Audit Report in full as a fisrt step! Then respond to the African UNion Report of the trillions of naira laundered out of Africa through Nigeria. Then respond to the NEITI current report of sickening mismanagement of trillions of naira. Name calling will not save you from the looming disgrace