Delta Yet To Receive £4.2M Loot, Accountant-General Recants

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The Office of the Accountant General of the Federation (OAGF) has recanted on its earlier claim that the £4.2 million recovered loot linked to former Delta Governor, James Ibori has been returned to Delta State.

Accountant-General of the Federation, Mr Ahmed Idris had on Tuesday appeared before the House of Representatives Ad-hoc Committee on Assessment and Status of All Recovered Loot Between 2002 and 2020, where he claimed that the money had been returned to Delta State.

Following Idris’ claim, the Delta State government had on Tuesday denied receiving the repatriated fund from the federal government.

However, a statement issued by the Director, Information, Press and Public Relations, Office of the Accountant General of the Federation, Henshaw Ogubike, said the issue of the £4.2 million Ibori loot had not been “properly resolved.”

The statement reads: “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.”

'dotun Akintomide
'dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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