£4.2m Ibori loot: No money has been returned to Delta State -AGF

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By Ayo Ibrahim


The office of the Accountant General of the Federation (OAGF) on Wednesday explained that the issue of £4.2m Ibori loot has not been properly resolved.

A statement by Henshaw Ogubike, Director Information, Press and Public Relations and made available to SINL Nigeria Online said the money is still being awaited, after which the issues around it will be resolved before further action is taken.

Specifically, the statement said “for now, no money has been returned to Delta State”.

The statement read in full:

“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.

“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.

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

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