FG Contradicts Accountant General, Says £4.2million Ibori Loot Has Not Been Released To Delta State

Contrary to the assertion by the Accountant General of the Federation, Ahmed Idris, that the £4.2million Ibori loot has been sent to Delta state after the initial braggadocio of the Attorney General and Minister of Justice, Abubakar Malami that the money will be used for federal government projects across the country, the office of the accountant general has debunked the claim.

Idris has while testifying before the House of Representatives committee probing how recovered loot was managed said the £4.2million has been returned to Delta state.

According to a press statement issued on Wednesday by Henshaw Ogubike, Director Information, Press and Public Relations, said the money has not been sent to Delta state.

“The issue of the £4.2m Ibori Loot 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 during which the AGF was only making general comments about recoveries relating to State Governments.

“This is the true position as regards the £4.2m Ibori Loot.”

Below is the full statement 

OFFICE OF THE ACCOUNTANT GENERAL OF THE FEDERATION

Press Release

Wednesday, May 26, 2021

RE: £4.2m IBORI LOOT:  PUTTING THE RECORDS STRAIGHT

The Office of the Accountant General of the Federation (OAGF) wishes to put the records straight regarding the widely circulated media report on the £4.2m Ibori Loot. 

The issue of the £4.2m Ibori Loot 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 during which the AGF was only making general comments about recoveries relating to State Governments.

This is the true position as regards the £4.2m Ibori Loot.

Henshaw Ogubike mnipr

Director (Information, Press and Public Relations)

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