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Showing posts with label Chief James. Show all posts
Showing posts with label Chief James. Show all posts

Wednesday, 5 November 2014

UK to return ex-Delta Governor James Ibori's£6.8m loot to Nigeria


The UK has agreed to return an additional
£6.8m to Nigeria from the money seized from
jailed ex-Governor of Delta State, Chief James
Ibori.
This was revealed by UK Metropolitan Police
Senior Investigator, Mr. Rupert Broad,
yesterday November 4th in London according
to a report by NAN. Out of the £8 million
confiscated from Ibori, £1.2 million had so far
been returned to Nigeria.
There are reports that an additional £80
million has been temporarily seized and a
confiscation hearing has been fixed for April
2015 before the judge decides exactly how
much was stolen out of the £80 million and
then return it to Nigeria
Ibori who is still serving a jail term, was
sentenced by the British Southcrown Court in
April 2012 for 13 years after being convicted
for fraud and money laundering.