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Debate on Ibori loot beneficiary continues

Who should benefit from the repatriated assets looted by former Delta State Governor, James Ibori? The State from where the assets were pilfered? The Federal Government, which essentially negotiated the repatriation? Or both?

While the Federal Government has said the first tranche of the recovered loot, worth 4.2 million pounds, will be used for federal projects, the House of Representatives on Wednesday said it should be returned to Delta State.

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Senior lawyer, Femi Falana, also argued that, based on international law, Delta State was the victim of the crime and the repatriated assets should go into the coffers of the State Government.

The Attorney-General of the Federation, Mr. Abubakar Malami, had argued on Tuesday that the Federal Government was the victim of Ibori’s crime.

Source: channelstv


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