By Deborah Hassan
365Daily – The Accountant General of the Federation, Mr. Ahmed Idris, has informed the House of Representatives that the £4.2m recovered from an ex-governor of Delta State, James Ibori, has been transmitted to Delta state government.
The Attorney-General of the Federation, Abubakar Malami, had reported the receipt of the money from the British government on Tuesday, May 18, 2021.
He said it was paid into a Federal Government account amidst a battle with the Delta State government on the rightful owner of the money which is about N2.4 billion.
The AGF had said then that the fund would be invested in the construction of the Lagos-Ibadan Expressway, Abuja-Kano Road and the Second Niger Bridge to boost economic growth and help alleviate poverty.
However, the Accountant of the Federation said the money has been paid to the Delta State Government while appearing before the House of Representatives Ad hoc Committee on “Assessment and Status of all Recovered Loots Movable and Immovable Assets from 2002-2020 by agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation.”
He made the disclosure while responding to questions on the difference between the Federation and Consolidated Revenue Fund Accounts of the Federation, and the desegregation of Recovered Assets and funds, a Vanguard report stated.