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Reps concede £4.2m Ibori funds to Delta

The House of Representatives has urged the Executive Arm to halt the planned expenditure of the recovered £4.2 million traced to former Governor of Delta State, James Ibori.

In a motion unanimously adopted, the lawmakers argued that the recovered money belongs to Delta State and should be given to the state for utilisation.

Minority Leader,  Mr. Ndudi Elumelu who sponsored the motion said the recovered money belonged to Delta State, and cannot be used to develop infrastructure in other states, as he faulted the position of the Attorney General of the Federation.

Mr. Elumelu noted that the sum of £4.2 million recovered, is being transferred to the coffers of the Federal Government for appropriation without recourse to Delta State or parliament in 2 weeks’ time.

He said the House is aware that assets seized by the Economic and Financial Crimes Commission (EFCC) from states were returned to such states, hence the said recovered looted funds belong to the people of Delta State and as such ought to be refunded to the coffers of the Delta State Government for developmental purposes.

On the next line of action to be taken in case of non-compliance, Mr. Elumelu expressed confidence that the executive arm through the Justice Ministry would respect the constitution.

Another member of the Minority Caucus, Mr. Dachum Bagos from expressed concern that no mention was made of a project in the South-South or Delta State, where the money was stolen from. 

The House referred the matter to its committees on Protocols and Agreements, Finance and Justice for further investigation and recommendations.

Ibrahim Shehu

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