Korede Abdullah in Lagos
The Civil Society Legislative Advocacy Centre (CISLAC) has praised 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’s Executive Director, Auwal Musa Rafsanjani in a statement on Saturday, commended the collaboration between the Nigerian and US governments, emphasizing the need for transparent and accountable utilization of the funds.
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.”
He questioned whether government agencies would be involved and how much of the funds would reach the citizens. Rafsanjani stressed that transparency is crucial, especially considering the proposed 2025 budget’s allocation of large sums for frivolous items.
CISLAC emphasized the importance of adhering to the Proceeds of Crime (Recovery and Management) Act 2022, advocating for openness in communicating details about asset recoveries.
Rafsanjani warned, “If these funds are not used transparently for the benefit of Nigerians, suspicions of re-looting will inevitably arise. The era of mismanaging recovered assets must end.”
CISLAC reiterated its dedication 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 aimed at ensuring justice, accountability, and socio-economic development.”
