We are Yet to Receive Ibori Loot, Says Okowa |The Source

By Uche Mbah

Delta State Government says it is yet to receive the 4.2 million British pounds that the Federal  Government  claimed to have sent to them. The money being part of the  loot a former Governor  of the State , James Ibori, allegedly stashed away  in Britain.

Britain had repatriated the amount to the Federal  Government, but there has been controversy over whether the fund belongs to the State  or Federal Government.

The Accountant General of the Federation, Ahmed Idris, had recently told the House  of Representatives Committee on Recovered Assets in Abuja that the funds have been released to the State  Government .

In a reaction to the Accountant General’s statement, the State  Government, through Olisa Ifeajika, Chief Press Secretary to the Governor, said the money is  not yet in the State’s coffers.

He said that the State Government  has been in contact with the Federal  Government  on the issue, and “we have not received from the Federal  Government  the 4.2 million pounds returned by the United Kingdom”.They, however appreciated the gesture of the Federal  Government  in releasing the funds, promising to acknowledge receipt of the payment when It arrives.

Governor Okowa said the funds will be judiciously used when received.