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.

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