Wednesday 5 November 2014

UK to return former 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 former 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.

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