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Published 25 May 2021
MOST of those invited by the House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation failed to show up at the investigative hearing held in Abuja on Monday.
The committee consequently dismissed their representatives and summoned the concerned heads of ministries, departments and agencies of the Federal Government.
Heads of MDAs as well as top officials, the private sector and civil society organisations had been invited to the hearing to explain the status of recovered loot and public assets in the last 18 years.
By Adedayo Akinwale
The Accountant General of the Federation, Mr. Ahmed Idris, has revealed that the £4.2 million loot recovered from a former Governor of Delta State, James Ibori, and his associates, which was recently repatriated from the United Kingdom, has been returned to Delta State.
Idris’ disclosure was however contrary to the stance of the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), who had said the agreement the federal government had with the British government was to use the repatriated loot to complete specific ongoing projects.
Malami’s stance consequently led to calls from the Delta State government and other stakeholders on the federal government to return the recovered loot to the state in line with established precedents whereby such funds were returned to states from which the recovered loot was stolen.
Punch Newspapers
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Published 24 May 2021
THE House of Representatives has invited ministries, departments and agencies of the Federal Government as well as top officials, the private sector and civil society organisations to explain the status of looted funds and public assets recovered in the last 18 years.
The Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation is to hold an investigative hearing on Monday.
Chairman of the committee, Mr Adejoro Adeogun, had last week laid an interim report by the committee.
Malami, Ahmed, Emefiele Appear Before Reps Over Looted Assets Probe Posted by African ExaminerFeatured, Latest News, News Across Nigeria Monday, May 24th, 2021
(AFRICAN EXAMINER) – The House of Representatives has invited ministries, departments and agencies of the Federal Government as well as top officials, the private sector and civil society organisations to explain the status of looted funds and public assets recovered in the last 18 years.
The Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation is to hold an investigative hearing on Monday.
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