The Accountant-General of the Federation, Ahmed Idris, has said the £4.2m looted by a former Governor of Delta State, James Ibori, which the Federal Government recently repatriated from the United Kingdom, has been returned to the State.
Besides, the AGF, pleaded with the House to make the Treasury Single Account, (TSA) legal and constitutional, for it to be more effective, as the Attorney-General of Federation, (AGF) Abubakar Malami, (SAN), rejected claims by the House Panel that he spent over N3billion from funds recovered graft funds.
He was responding to posers before the House of Representatives Ad-hoc Committee on “Assessment and Status of all Recovered Loots Movable and Immovable Assets from 2002-2020 by agencies of the Federal Government for Effective Efficient Management and Utilization”, headed by Rep. Adejoro Adeogun, on the difference between the Federation and Consolidated Revenue Fund Accounts of the Federation, and the de-segregation of Recovered Assets and funds.
Recall that the Committee of the House had accused the AGF of spending N3billion from recovered loot on 20th February, 2017. However, Malami fired back, stressing that he didn’t deduct any funds from the recovery account.
The Committee gave the Accountant-General two days within which to furnish the House of details of the recoveries from 2002-2020.
