- The House of Representatives has disagreed with the federal government’s stance over the recovered James Ibori loot
- The federal lawmakers disclosed how the money should be spent
- An emerging report indicates that the recovered loot is causing friction between FG and the Delta government
The House of Representatives has faulted the federal government’s plan to spend the £4.2million James Ibori loot.
The lawmakers on Wednesday, March 10, asked the federal government to ensure that recovered loot is returned to the Delta state government.
According to Channels TV, the House argued that the money was stolen from Delta State and as such should rightly be returned to the state.
The federal legislators also pointed out that the total money is £6.2 million and not £4.2 million as is being reported.
They demanded the federal government to give the House all particulars relating to the recovered money.
Meanwhile, the federation government has disclosed that it is trying to recover over N52bn (£100m) allegedly laundered by James Ibori, a former governor of Delta state, and his associates.
The attorney-general of the federation, Abubakar Malami (SAN), made the statement on Tuesday, March 9, on Channels Television.
Malami gave details about circumstances surrounding negotiations for the repatriations of the funds.
In a related news, the minister of justice said the money would not be handed over to the Delta state government because the crime that led to the diversion of the funds was a federal one.
Malami explained that the Memorandum of Understanding (MOU) signed with respect to the repatriation of the funds stipulates that the money be used used for federal projects.
Meanwhile, the plan by the federal government to use the public funds looted by a former governor of Delta state, James Ibori, for the construction of the Second Niger Bridge, Abuja-Kano Road, and the Lagos-Ibadan road has been rejected.
The stern opposition came on Tuesday, March 9, from the state's commissioner for information, Ehiedu Aniagwu.
Aniagwu said the proposed use of the recovered loot (£4.2 million) by the government is much like an injustice to the government and people of Delta, Daily Trust reported.
Onyirioha Nnamdi is a graduate of Literature and English Language at the University of Lagos. He is a Politics/Current Affairs Editor who writes on news and political topics for Legit.ng. He brings into his reporting a wealth of experience in creative and analytical writing. Nnamdi has a major interest in local and global politics.