National News

Recovered £4.2m Ibori Loot Returned To Delta State – FG

The federal government has disclosed that the £4.2m looted by a former Governor of Delta State, James Ibori, which was recently repatriated from the United Kingdom, has been returned to the state.

This was disclosed on Tuesday in Abuja by the Accountant General of the Federation, Mr. Ahmed Idris, 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.

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