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£4.2m Ibori loot not yet given to Delta State government, as AGF gives clarification



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The Accountant General of the Federation on Wednesday offered more clarifications on the £4.2 million Ibori loot, saying the money has not been handed over to Delta State government yet as widely circulated in the media.

In a statement which was signed by the Director of Information, Press and Public Relations, Mr. Henshaw Ogubike on Wednesday and sent to CAPITAL POST in Abuja, said, the loot was yet to be properly resolved.

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The AGF said, he made a general comments at the House of Representatives public hearing on Tuesday, regarding recoveries related to State governments, emphasised that Ibori loot has not been returned to Delta State government yet.

The statement reads: “The Office of the Accountant General of the Federation (OAGF) wishes to put the records straight regarding the widely circulated media report on the £4. 2m Ibori Loot.

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“The issue of the £4.2m Ibori Loot has not been properly resolved. The money is still being awaited, after which the issues around it will be resolved before further action is taken. For now, no money has been returned to Delta State.

“This explanation is without prejudice to the proceedings at the public hearing that took place yesterday during which the AGF was only making general comments about recoveries relating to State Governments.

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“This is the true position as regards the £4.2m Ibori Loot.”


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