The Accountant General of the Federation, Mr. Ahmed Idris, has said the £4.2m looted by a former Governor of Delta State, James Ibori, which the Federal Government recently repatriated from the United Kingdom, has been returned to the state.
Idris made this known in Abuja on Tuesday 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 Utilization.
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.
The looted funds became issue of controversy when the Attorney General of the nation, Abubakar Malami said the funds will be used for Federal Government projects.