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Delta State Govt Counters Accountant General, Denies Receiving £4.2m Ibori Loot

The Delta State Government has denied receiving £4.2 million looted by its former governor, James Ibori.
The Accountant General of the Federation, Ahmed Idris on Tuesday while appearing before the Senate committee investigating the status of recovered loot noted that the fund has been returned to the state.
However, the Chief Press Secretary to the state government, Olisa Ifejika, on Wednesday countered the Accountant General’s claim, insisting the oil-rich state is yet to receive the money.
“We appreciate the efforts of the Federal Government to return the recovered loot to Delta State where it rightly belongs. But the truth is that the money has not hit the Delta State government’s account. ....

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Ibori's £4.2m Loot Returned To Delta State Govt – Accountant-General – Channels Television

Channels Television

The Accountant General of the Federation, Ahmed Idris on Tuesday said the £4.2m looted by ex-Delta State Governor, James Ibori, has been returned to the state.
The Attorney-General of the Federation, Abubakar Malami had on March 9 said the loot would be used for the construction of the second Niger Bridge, Abuja-Kano road, and Lagos-Ibadan Express road and not returned to the Delta State Government where it was pilfered from.
He argued that the law that was alleged to have been breached by Ibori was a federal law and that the parties of interests involved in the repatriation of the funds were national and not sub-national governments. ....

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Who legally owns £4.2m repatriated Ibori loot?

The news of the eventual repatriation of part of the public funds looted by former Governor of Delta State, Chief James Ibori, while serving as the Governor of Delta State recently received overwhelming acceptance and celebration among the Nigerian populace. However, the issue of who is entitled to the repatriated funds has generated heated arguments in several quarters of the polity.
Chief Ibori was elected as governor of Delta State in the 1999 general elections and served as governor for eight years, having been re-elected to serve his second term in office in 2003.
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Towards the conclusion of his tenure, the Economic and Financial Crimes Commission (EFCC) commenced an investigation into the allegations of embezzlement and siphoning of Delta State funds by Ibori after receiving a petition from the Delta State Elders and Stakeholders Forum on behalf of the people of Delta State. The attempt to prosecute Ibori within Nigeria was ....

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Who Owns the £4.2m Repatriated Ibori Loot?

By Chukwudi Enebeli
The news of the eventual repatriation of part of the public funds looted by former Governor of Delta State, Chief James Ibori, while serving as the Governor of Delta State, received overwhelming acceptance and celebration among the Nigerian populace. However, the issue of who is entitled to the repatriated funds has generated heated arguments in several quarters of the polity.
Background
Chief James Ibori was elected as Governor of Delta State in the 1999 general elections, and served as Governor for eight years having been re-elected to serve his second term in office in 2003.
Towards the conclusion of his tenure, the Economic and Financial Crimes Commission (EFCC) commenced an investigation into the allegations of embezzlement and siphoning of Delta State funds by James Ibori, after receiving a petition from the Delta State Elders and Stakeholders Forum on behalf of the people of Delta State. The attempt to prosecute Chief James Ibori within N ....

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Use repatriated money on projects in Delta, UPU, others tell FG

James Ibori. br Photo/Twitter/GovIfeanyiOkowa
The Urhobo Progress Union (UPU) has faulted Federal Government’s decision to use the £4.2m (about N2.2b), being part of former Delta State Governor, James Ibori’s loot to be repatriated to Nigeria on the Second Niger Bridge and Lagos-Ibadan road.
It argued that the money should rather be spent on projects in Delta State, being the owner of the fund, describing Attorney-General of the Federation (AGF), Abubakar Malami’s disclosure that the money would be used for projects outside Delta as unacceptable.
In a statement yesterday, Presidential-General, Olorogun Moses Taiga, condemned the decision saying: “The Federal Government should use the money to rehabilitate the Delta part of the Benin-Warri road, failed portions of the East West Road in Delta and fund the Federal University of Petroleum, Effurun. ....

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