Featured Politics News

Returned £4.2m Ibori loot, not in our coffers yet, says Delta Govt.

The Delta State Government on Wednesday said it has not received the 4.2 million pounds recovered from former Gov. James Ibori, returned by the United Kingdom Government.

The government made this known in a statement issued by Mr Olisa Ifeajika, Chief Press Secretary to Gov. Ifeanyi Okowa of Delta State on Wednesday in Asaba.

Reacting to the rumoured release of the money to the state, the statement said no money with respect to the recovered funds had entered the coffers of the Delta State Government.

“The Accountant-General of the Federation, Mr Ahmed Idris, had disclosed on Tuesday before the House of Representatives Committee on Recovered Assets, in Abuja, that the funds had been released to the state.

“The money has not arrived in our coffers. Delta State Government is in contact with the Federal Government, especially the Office of the Attorney-General of the Federation, on the issue.

“It expresses appreciation for the disposition of the Federal Government in releasing the funds to the state, and assured that it would acknowledge receipt of the funds when it arrives.

“The government also assured the Federal Government and the people of Delta that the funds would, in tandem with Gov. Ifeanyi Okowa’s administration’s hallmark, be judiciously deployed especially in the completion of projects it had earlier intimated the Presidency about,” Ifeajika said.

Related posts

Salah scores late winner as Egypt beat Tunisia, Morocco sink Cameroon

Editor

Unilag crisis: Sheathe your swords, give peace chance, Group tells warring factions

Abisola THOMPSON

Russia-Ukraine war: Experts advise vessels to explore Turkey

Our Reporter

Defection: Judiciary again axes 20 Cross River lawmakers

Our Reporter

Stakeholders advocate job creation through new industrialisation techniques

By Kunle SHONUGA

Autonomy: Why governors are yet to comply with Executive Order 10

Our Reporter