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Professor Sagay Is Angry

Professor Itse Sagay, Chairman, Presidential Advisory Committee Against Corruption (PACAC) is very angry with the Federal Government for wanting to use £4.2 million loot recovered from James Ibori to fund the second Niger bridge, Lagos-Ibadan and Abuja-Kano expressways.

He said; “The money came from Delta state. Naturally, it must go back to Delta state. I know the basis of the federal government argument. It is not just about the MoU. There is a provision in the EFCC Act which says all monies recovered should go to the federal government.”

“I think they may want to rely on this. However, that law is void because a law cannot be based on transferring the assets belonging to one person to another. My advice is for the federal government to ask the Delta state government to nominate projects they want to undertake and then money would be released for the projects.”

“The Ibori money being used for Lagos-Ibadan expressway and others is unacceptable. You cannot use money from Delta State to fix projects in other places. The Federal Government can also use the money to fund its many projects in Delta State like the Benin-Warri road and many others.”

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