Why FG has not returned Ibori’s £4.2m to Delta — Accountant-General

The Office of the Accountant General of the Federation has said the £4.2 million recovered from ex-Delta State Governor, James Ibori, has not been returned to the state government.

The Accountant-General of the Federation, Ahmed Idris, had said on Tuesday the Federal Government has returned the looted funds to the Delta State government.

A statement titled: “Re: £4.2million Ibori loot: Putting the records straight,” issued by its Director of Information, Press and Public Relations, OAGF , Henshaw Ogubike, stated that the issue of the returned loot has not been properly resolved.

According to the statement read: “The Office of the Accountant General of the Federation wishes to put the records straight regarding the widely circulated media report on the £4.2million Ibori loot.

“The issue of the £4.2million 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 £4.2million Ibori loot.”

On May 18, the Attorney-General of the Federation, Abubakar Malami, confirmed that the FG has received £4,214,017.66 of the loot associated with the family members of former Delta State Governor.

Special Assistant on Media and Public Relations, Office of the Attorney-General, Umar Jibrilu Gwandu in a statement said  the amount has been credited into the designated FG account with naira equivalent value of the amount as of 10th May, 2021.