HeadlineDelta Yet To Receive £4.2m Recovered Ibori Loot

Delta Yet To Receive £4.2m Recovered Ibori Loot

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BEVERLY HILLS, May 26, (THEWILL) – Latest indications signify that the Delta State Government was yet to receive the £4.2 million repatriated from the United Kingdom to Nigeria as part of illicit funds recovered from former Governor of the state, Chief James Ibori, and his associates.

THEWILL reports that the Accountant General of the Federation (AGF), Ahmed Idris, had said that the government had returned the £4.2 million to the state.

Idris spoke when he appeared in Abuja before the House of Representatives’ Ad-hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective, Efficient Management and Utilisation.

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When asked where the Ibori loot was, Idris said it had been paid to the Delta State Government.

Recall that the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, had said the agreement the Federal Government had with the British government was to use the repatriated funds to complete some specific ongoing projects.

However, when Idris was reminded that his position was contrary to the information that it was meant for specified projects, Idris added: “No, no, any recovery that is arising from looted funds from a particular state goes to the state. The state governors will not even allow this to fly. They will take the federal government to court for holding their money. We don’t joke and we don’t play with that, we pay them their money.”

But an official of the Delta State Government, who spoke to THISDAY yesterday on condition of anonymity, said the state government was yet to receive the money.

He said: “I think it would be premature for government to talk about a claim made by the Federal Accountant-General on air or while speaking with a committee of the House of Representatives.

“When Delta is duly credited with such payment, then it would be proper for the government to make an official pronouncement on the matter.

“You’d observe that His Excellency, the Governor, didn’t say a word or join issues with anyone when the media were awash with reports that the Attorney-General and Minister for Justice, Malami, had bluntly said that the Federal had received the returned funds but that the Federal Government would not release the money to Delta.

“In the same way, I think we should all wait until the state government certified that it has indeed received the said money into its treasury.”

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