The Accountant General of the Federation, Mr. Ahmed Idris, has said the £4.2m looted by a former Governor of Delta State, James Ibori, which the Federal Government recently repatriated from the United Kingdom, has been returned to the state.
Idris made this known in Abuja on Tuesday when he appeared 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.
The Accountant-General, who was grilled by the committee for over one hour, stated that such funds looted from the treasury of a state are always returned to the state. He added that states can sue the Federal Government to recover such funds.
Recall that the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami ruled out accommodating Delta State in the spending of £4.2 million recovered looted funds associated with the family members of a former governor of the state, James Ibori.
He said Nigeria would deviate from the agreement reached with the United Kingdom government concerning the disbursement of the fund.
Details later…
