By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Ibori Loot: Reps urge FG to return £4.2m to Delta
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Ibori Loot: Reps urge FG to return £4.2m to Delta

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: March 10, 2021
Share
3 Min Read
SHARE

The House of Representatives has asked the Federal Government to halt the disbursement of the £4.2m – about 2.2 billion Naira that was seized from a former Delta State Governor James Ibori.

The resolution followed a unanimous adoption of a motion by minority leader Ndudi Elumelu (PDP-Delta) at plenary on Wednesday.

Okay.ng had reported that Minister of Justice, Abubakar Malami on Tuesday at the signing ceremony of the Memorandum of Understanding between Nigeria and the government of the UK said the funds would be used for infrastructural development in the country.

At Wednesday’s plenary the House collectively adopted the motion jointly moved by lawmakers from the oil-rich Delta state and called on the ministry of justice and the Attorney General of the Federation to provide the House with all particulars relating to the recovered money, while directing the House Committees on Finance, Justice, Loans, and Recovered Funds to “investigate this matter and revert to the House within two weeks.”

- Advertisement -

Moving the motion, Minority leader Ndudi Elumelu said, “The House notes that the sum of £4.2m, being proceeds of looted funds recovered from a former Governor of Delta State, Chief James Ibori, is being transferred to the coffers of the Federal Government of Nigeria for appropriation without recourse to the Delta State Government and /or parliament in two weeks’ time.

“The House is aware that the said recovered looted funds belongs to the good people of Delta State and, as such, ought to be refunded to the coffers of the Delta State Government for developmental purposes. The House is aware that assets seized by EFCC from states were returned to such states, i.e. Bayelsa and Abia states, etc.

“The House is worried that if the Federal Government is allowed to appropriate the funds without recourse to the Delta State Government, the people of Delta State will be short-changed/deprived of their legitimate resources to improve on the economy of the state as well as provide the requisite infrastructural development for their benefit.”

“From all indications, information to Delta State indicate that the actual money is £6.2m and the Federal Government should ensure that the total of £6.2m is credited, not £4.2m as stated,” the minority leader said.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:deltaHouse Of RepsIboriIbori LootJames IboriReps
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Equatorial Guinea military camp blasts toll rises to 105
Next Article EFCC chairman testifies in N1.4bn oil subsidy fraud trial

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Senate Committee Chair Calls for Enhanced Security in Edo Communities
News Security
[VIDEO]: NDLEA Discovers Concealed Drug Storage in Modified Fuel Tanker During Operation
News Video
PDP Governors Convene Emergency Meeting in Abuja to Stem Wave of Defections
Politics Top stories
Femi Adebayo’s Seven Doors Dominates AMVCA 11 with Best Lead Actor and Actress Honors
Entertainment Movies
Mohbad’s Father Voices Frustration as N16 Million Autopsy Yields No Answers
Celebrities
- Advertisement -
Ad imageAd image

You May Also Like

Tems
Celebrities

Tems Challenges African Stereotypes, Promotes Tourism to Nigeria and Ghana

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2025
Governor Babajide Sanwo-Olu
News

Report Landlords Demanding Over One Year’s Rent, Lagos Govt Urges Residents

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2025
Politics

APC Consolidates Around Incumbents Ahead of Lagos LG Polls as Ogunlewe, Others Secure Tickets

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?