INTERNATIONAL CRIMINAL COURT TO PROBE THREE FORMER NIGERIAN PRESIDENTS OVER N11TRN POWER FUNDS - SERAP

Photo,LATE Musa Yar'adua,Goodluck Jonathan and Olusegun Obasanjo

The International Criminal Court (ICC) is considering a petition sent by the Socio-Economic Rights and Accountability Project (SERAP), over the N11 trillion allegedly wasted on power by the administrations of ex-presidents Olusegun Obasanjo, Musa Yar'Adua, and Goodluck Jonathan.

SERAP had sent the petition, stating that the funds were squandered by the former presidents.

Timothy Adewale, SERAP deputy director, confirmed this in a statement issued on Wednesday.

He said it received a letter from the court, with regards to the petition.

"SERAP can confirm that the ICC is now considering our petition. We have received communication from Mark P. Dillon, head of information and evidence unit of the ICC indicating that the court will give due consideration to our petition," the statement read.

The letter reads in part: "This communication has been duly entered in the communications register of the office. We will give consideration to this communication, as appropriate, in accordance with the provisions of the Rome Statute of the International Criminal Court.

"As soon as a decision is reached, we will inform you, in writing, and provide you with reasons for this decision."

"We urge the court to pursue this matter to a satisfactory conclusion by taking the case forward as required by the provisions of the Rome Statute, and ensuring a thorough investigation and prosecution of suspected perpetrators of grand corruption in the electricity sector in Nigeria," he added.