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By James Emejo The Accountant General of the Federation (AGF), Mr. Ahmed Idris, Wednesday clarified that the recovered £4.2m Ibori loot had not been returned to Delta State. He said the issue surrounding the loot had “not been properly resolved”. Ahmed said the clarification became necessary to put the records straight following media reports on the money. In a statement issued by Director, Information, Press and Public Relations, OAGF, Mr. Henshaw Ogubike, Idris, said, “The money is still being awaited, after which the issues around it will be resolved before further action is taken...

Punch Newspapers Sections 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 sec...

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. M...

Punch Newspapers Sections 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 committ...

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 Federa...