Delta Reps move House to stop disbursement of £4.2m Ibori loot
The House of Representatives has urged the federal government to halt appropriation of £4.2 million recovered from the former governor of Delta State, James Ibori.
The resolution followed a unanimous adoption of a motion by Minority Leader Ndudi Elumelu (PDP-Delta) at plenary on Wednesday.
The motion was co-sponsored by nine other lawmakers from Delta.
Speaking, Mr. Elumelu said the £4.2 million, being proceeds of looted funds recovered from James Ibori, was being transferred to the coffers of the federal government for appropriation.
According to him, this is without recourse to the government of Delta State.
Mr. Elumelu said that the money belonged to the people of Delta and should be refunded to the coffers of the state government for developmental purposes, adding that assets seized by the Economic Financial Crimes Commission (EFCC) from other states were returned to those states as was the case in Bayelsa and Abia.
“If the federal government is allowed to appropriate the fund without recourse to the Delta State Government, the people of the state will be shortchanged.
“They will be deprived of their legitimate resources to improve on the economy of the state as well as provide the requisite infrastructure for their benefit,” he said.
The house mandated its committees on Finance, Justice and Recovered Funds to investigate the matter.
The lower chambers urged the Ministry of Finance to stop disbursement pending the final determination of the matter by the House.
The House also requested the Ministry of Finance and Attorney-General of the Federation to furnish it with all particulars relating to the money.
In his ruling, the deputy speaker, Ahmed Wase, mandated the committees to conclude the investigation and report to the House within two weeks.
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