A press release on Wednesday May 26th 2021, by the Director of Information, press and public relations, Henshaw Ogubike, disclosed that issues surrounding the money has not been resolved.
The release titled “RE: £4.2m IBORI LOOT: PUTTING THE RECORDS STRAIGHT”, insisted that there was need to put the records straight.
According to the press statement, “The Office of the Accountant General of the Federation (OAGF) wishes to put the records straight regarding the widely circulated media report on the £4.2m Ibori Loot.
“The issue of the £4.2m Ibori Loot has not been properly resolved. The money is still being awaited, after which the issues around it will be resolved before further action is taken. For now, no money has been returned to Delta State.
“This explanation is without prejudice to the proceedings at the public hearing that took place yesterday during which the AGF was only making general comments about recoveries relating to State Governments.
“This is the true position as regards the £4.2m Ibori Loot”, the release added.