Thursday, December 2, 2021

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Recovered Loot: FG owes Nigerians an explanation – Sultan

The Sultan of Sokoto, Muhammadu Abubakar III has stated that the Federal government need to explain to Nigerians how much looted billions of naira are recovered and how the funds are being disbursed.

This comes days after FG announced the recovery of £4.2m as part of funds looted by a former Governor of Delta State, James Ibori, from the United Kingdom.

Reacting to the development, the Wazirin Sokoto, Prof. Sambo Junaidu, who spoke on behalf of the Sultan at the zonal dialogue with stakeholders in Sokoto on Tuesday, noted the prolonged silence on the looted funds was counterproductive to the war against corruption in Nigeria.

Junaidu stated this while speaking on the ‘National Ethics and Integrity Policy’ organized by the Office of the Secretary to the Government of the Federation and the North-West zone of the Independent Corrupt Practices and other Related Offences Commission.

“The government owes Nigerians an explanation; we want to know how much billions of naira was recovered from our past leaders, where the monies are, and what are they doing with them?

“This explanation is necessary considering the state of our education and other infrastructure like roads, which need serious government attention,” he said.

The disbursement of the funds is shrouded in more controversy as the Accountant General of the Federation, Mr. Ahmed Idris, claimed that the fund had been refunded to Delta state, while the Delta State Government said it was yet to receive the said funds.

Recall that the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, had argued that the state could not benefit from the recovered loot, stressing that Nigeria would execute other projects with the fund.

His position was however countered by Femi Falana (SAN), who posited that the funds were looted from the coffers of the Delta State government and as such should be refunded to the state.

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