BREAKING: FG Finally Bows to Pressure, Returns £4.2m Ibori Loot to Delta state.

Official reports claim the £4.2 million James Ibori is now in the custody of Delta state – This was revealed by AGF Ahmed Idris on Tuesday, May 25 – Idris made this disclosure to lawmakers of the House of Representative The sum of £4.2 million looted by the James Ibori administration in Delta was on Tuesday, May 25, declared to have been returned to the state by the federal government.

reports that this was revealed by Accountant General of the Federation, (AGF) Ahmed Idris at the House of Representatives hearing convened by the ad hoc committee on assessment and status of all recovered loots movable and immovable assets from 2002 to 2020. Idris, who was quizzed by the committee, disclosed that such looted funds are meant to be returned to the state concerned by the government and that the former’s failure to do so can warrant legal actions from the latter

According to Malami, the money would be used for some projects according to the agreement reached.

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