U.K. moves for £100m seizure, fresh 10-year jail proceedings against Ibori

The British authorities are moving for further legal proceedings in the United Kingdom (UK) court to order the seizure of over £100 million ($129 million) from former Governor James Ibori of Delta State, about six years after the former governor served a jail term for money laundering and fraud convictions and returned to Nigeria.

Reports indicated that Judge David Tomlinson of Southwark Crown Court has made factual findings regarding the amount of money linked to the former Governor of Delta State.

The prosecution and the defence, during a hearing on Thursday, presented their arguments on how the confiscation figure should be calculated based on the judge’s findings.

It was indicated that Ibori was not in attendance during the hearing.

The prosecution lawyer, Jonathan Kinnear, briefed the court that the total amount that should be confiscated from Ibori was 101.5 million pounds, and that if he failed to pay he should face an additional prison term of between five and 10 years.

The judge is expected to conclude and issue an order on Friday or soon after.