Latest
Asset Forfeiture Case: Ibori may lose £250m to British authorities
Ex Convict former Governor of Delta State, Chief James Onanefe Ibori currently appearing before a Southwark Crown Court in the United Kingdom, UK may forfeit assets worth £250m to the authorities of the United Kingdom.
Ibori is standing trial before the Justice David Tomlinson court over confiscation of assets.
The Delta-born politician, if found guilty, may likely forfeit his assets worth £250m.
Ibori was on April 17, 2012 sentenced by the court to prison after he pleaded guilty to 10 counts of money laundering and stealing £250m.
The former governor was recently released after serving his sentence, has reportedly arrived Nigeria from United Kingdom, where he was jailed for corrupt enrichment and stealing.
-
Football3 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business3 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Featured3 days agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest3 days agoNFF denies calling for Infantino’s resignation
-
Business3 days agoNNPC faces fresh scrutiny over oil licensing, production claims, transparency
-
Business1 week agoBreaking: NNPCL reduces pump price of petrol as competition intensifies
-
Business3 days agoNaira at ₦1,360/$: Can the currency’s new stability last?
-
Latest3 days agoMessi reportedly faced multiple bomb threats during 2026 World Cup