Ibori Loot: £4.2m not yet returned to Delta State

Post created on 9:37 am


The Accountant General of the Federation, Ahmed Idris, has said that the £4.2 million Ibori loot said to have been returned to Delta State has not been returned.

Mr Ahmed Idris was reported to have told federal legislators on Tuesday that the money had been returned to Delta State.

However, the Delta State Government said on Wednesday that it has yet to receive the money.

In a statement,Mr Henshaw Ogubike, the Director of Information, yesterday said that the money was still being expected. Ogubike’s statement said: “The Office of the Accountant General of the Federation, OAGF, wishes to put the records straight regarding the widely circulated media report on the £4.2 million.

“The issue of the £4.2 million has not been properly resolved. The money is still being awaited, after which the issues around it will be resolved before further action is taken.

“For now, no money has been returned to Delta State. This explanation is without prejudice to the proceedings at the public hearing that took place yesterday (Tuesday) during which the AGF also made general comments about recoveries relating to state governments. This is the true position as regards the £4.2 million.”


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