Recovered £4.2m Ibori loot eventually returned to Delta State

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Accountant General of Nigerian 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.

He 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 questioned 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.

The federal government had maintained that it will use the refund for construction of federal roads, claiming that Delta State was a stumbling block when the federal government was making efforts in collaboration with Britain to recover the loot.

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