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Showing posts with the label Approve Looting of Delta State's Treasury?

BRI's £4.2m Loots: Did Commissioner for Works, Finance, Approve Looting of Delta State's Treasury?

Editorial BRI's £4.2m Loots: Did Commissioner for Works, Finance, Approve Looting of Delta State's Treasury? N215 billion flying under Governor Okowa for roads inherited from previous administration Pursuant to the British Government’s resolve to return to Nigeria £4.2million (about N2.2 billion) funds recovered from friends and family members of the former governor of Delta State Chief James Ibori, it will appear reasonable to know about the approval that gave room for the looting of Delta state. Some key men may have also played some roles behind the scene, pulling the strings of corporate legal fraud of awarding questionable contracts and approval of funds during Ibori's administration. Two commissioners during Ibori's administration should not be far away from a conspiracy that facilitated the laundering of funds from the oil-rich Delta State and substantive accounts. Records show how Chief Ibori had about 17 bank accounts linked to him in di...