September 22, 2024
Financial Crime

$9.6m Ibori Loot: Group blows the whistle on FG; wants UK to tie fund to development of Delta

James Ibori, former Governor of Delta State

The Delta State Civil Society Coalition on Grand Corruption (DSCGC) has raised the alarm that the Federal Government of Nigeria is working surreptitiously with the United Kingdoms (UK) to repatriate loots linked to the former governor of Edo state, Chief Jame Ibori without consulting with the Delta state government.

The group said that the fund being processed for return to Nigeria is in the neighbourhood of $9.6million.

According to a statement signed by the Chairman of the coalition, Pastor Innocent A. Adjenughure and obtained by Crimefacts.news the group is already working to set up a framework to convince the United Kingdoms’ government to use the money for sustainble development projects in Delta state.

Conveying an apparent lack of trust that the FG would put the fund to good use, the statement read in part: “The FG has submitted three projects’ proposals to the UK Government which will not benefit Delta State people and without the knowledge of Delta State who are the beneficial owners of the said money. We will vehemently resist this injustice as the money belongs to Delta State.

“We urge Delta State Government to consult and collaborate with the Federal Government of Nigeria to set up a transparent and accountable framework for the utilization of all recoverable stolen assets from UK and other jurisdictions.”

The group called on both the UK and the Nigerian Governments to be transparent on the transfer of Ibori’s assets to Nigeria.

“We  urge the UK Government to honour their international commitment on the Global Forum on Asset Recovery(GFAR) Principles and the MOU signed with Nigerian Government on Asset Recovery.

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