SERAP Sues Central Bank of Nigeria Over Alleged $6.23 Million and ₦1.63 Trillion Unaccounted Public Funds

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-11
Category: finance
Source: Channels Television

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) for its alleged failure to account for $6.23 million in election-related funds and over ₦1.63 trillion in other public funds. These funds were flagged in the Auditor-General of the Federation's 2023 annual report.

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