3.4 billion dollar IMF loan: SERAP takes legal action against Tinubu

• SERAP has sued President Bola Ahmed Tinubu over his ‘failure’ to probe the ‘missing’ $3.4 billion external loan obtained by Nigeria
• SERAP said the credit was procured by the All Progressives Congress (APC) administration from the UN-affiliated IMF, to finance the Nigerian budget and respond to the COVID-19 pandemic
• TheTalk.NG reports that SERAP alleged that the fund was “missing, diverted or unaccounted for”

SERAP wants Tinubu to probe an alleged missing $3.4 billion IMF loan. Photo credits: Kola Sulaimon, Drew AngererSource: Getty Images

Investigating these grave allegations, bringing suspected perpetrators to justice, and recovering any missing IMF loan would contribute to addressing the country’s economic crisis and debt burden.

Unless the President is directed and compelled to get to the bottom of these revelations, suspected perpetrators would continue to enjoy impunity for their crimes and enjoy the fruits of their crimes.

Read more about SERAP:

• EndSARS report: SERAP takes legal action against Buhari
• SERAP: Recovered stolen public funds reportedly missing from CBN
• SERAP sues President Tinubu over missing $15bn, N200bn

Tinubu forcing IMF policies on Nigerians – Politician

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