News
Ensure Recovered Ibori Loot Isn’t
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari, to ensure that recovered loot from the former governor of Delta State, Chief James Ibori, was not re-stolen.
The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, had last week, stated that the Federal Government recovered over $700million looted funds.
He also disclosed the return of £4.2million linked to James Ibori, and the plan to repatriate more than £80million of Ibori loot.
The group asked Buhari to “urgently direct the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, to disclose spending details of the $700million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.”
This was contained in a Freedom of Information request dated May 22, 2021, and signed by SERAP Deputy Director, Kolawole Oluwadare.
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