• June 14, 2021

Delta State Has Not Received £4.2 Million Recovered Ibori Loot, Official Reveals


By John Imade (AGENDAWATCHDOG) – The Delta State Government has denied the claim by the federal government that it had remitted the £4.2 Million Recovered James Ibori Loot had been to the state.

This was disclosed by an official of the Delta State Government, who spoke to newsmen yesterday on condition of anonymity, saying that the state government had not yet received the said sum.

This came in the wake of the claim by the Accountant General of the Federation (AGF), Mr. Ahmed Idris, yesterday that the government had returned the £4.2 million to Delta State. The AGF made the declaration on the floor of 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, following a question as to the account the Ibori loot was paid into.

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Idris had, when reminded that his statement contradicted the information that it was meant for specified projects, insisted thus: “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.”

However, Idris’ statement contradicted an earlier explanation by the Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN), that the federal government had reached an agreement with the British government to use the returned loot for some federal projects.


Agenda Watchdog

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