Delta State Government Denies Receiving £4.2m Ibori Loot

The Delta State government has denied receiving £4.2 million Ibori loot from the federal government.

That was contrary to the submission of the Accountant General of the Federation, Mr. Ahmed Idris that the Federal Government had returned the recently repatriated sum, allegedly looted by former Governor James Ibori from the United Kingdom to the state coffers.

He said this 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.
When the committee asked him this question, Idris said with emphatic knocks on the table: “It was paid to Delta State. So such recoveries go specifically to those states. Honourable Chairman, any recovery arising from the looted funds from a particular state goes to the state. The state governors will not even allow this to fly.”

He added, “Some recoveries are for some state governments, specific state governments. I know there was a time recovery was made on behalf of Plateau State, there was one for Bayelsa, there is one for Delta.


“You know they will take the Federal Government to court for holding their money. So we don’t joke or play with that, we pay them their money.

In response, the Delta state government said: “We have been bombarded with calls since the Accountant General made that unsubstantiated claims of the transfer of the funds to the Delta State Government. You are aware of the stand of the Attorney General of the Federation some few days back that the state won’t have a share of the money with FG despite efforts by the governor. Where the new development is coming from is still unknown to us. As I speak with you, we are yet to receive the monthly allocation. There is nothing to hide. Once the funds are transferred to us, Deltans and indeed the entire nation would be adequately informed and carried along on the expenditures.

Recently, Governor Ifeanyi Okowa of Delta said on Channels: “I have spoken with the attorney-general of the federation. My attorney-general went to have a meeting with him. I think that we are working and we are likely to come on the same page. We have written a formal letter of protest to Mr President.

“We have made two suggestions; return the money directly to us or apply it directly to projects that we feel are of importance and are in Delta State so that Deltans can directly benefit from the repatriated funds and I don’t think anybody can fault that line (of thinking)”

The situation is quite complex now and we hope the Delta state government and federal government resolves the issues at hand.

House of Reps Accuses Malami of Re- looting Recovered Loots

The Nigerian house of representatives have accused Attorney General of the federation, Abubakar Malami of re – looting recovered Loots.

Malami’s office is been investigated for allegedly dipping its hands into Nigeria’s recovered loots.The Attorney General of the Federation (AGF) and minister of justice, Abubakar Malami, on Tuesday, May 25 appeared before the committee investigating the status of recovered loots.

Adejoro Adeogun, the chairman of the committee, accused Malami of being complicit in the funding of the budget of his office with money from the recovered loots instead of the consolidated revenue.

Adeogun asked:

“The law is that every revenue should be transferred to the Consolidated Revenue Account. Has the office of the attorney general ever received any fund from the recovered loots account?”

Malami responded:

“The office of the attorney general has never at any time received any kobo from that account, not even the cost of collection. The office of the attorney general is not a recipient of a dime from the recovered loot.”

He was further confronted with evidence on his office seeking solicited funds from recovered funds.

READ ALSO: James Ibori Loot: Federal Government Gets €4.2m – Malami
Adeogun stated:

“I am going to show you a statement of account from the CBN, showing payment to your office on the 20th February 2017.”

Malami was however unable to give a satisfactory explanation to this.

The sum of $23 million withdrawn by the office of the AGF and is yet to be refunded.

Adeogun also wondered if money can be taken from the coffers of the government without appropriation.

Meanwhile, the federal government has confirmed that the British government has formally paid the £4,214,017.66 looted funds recovered from family members and associates of former Delta state governor, James Ibori, into its designated account.

Malami confirmed the development on Tuesday, May 18 in a statement sent to journalists.

What do you think of Malami’s actions? Do you think he is guilty?

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