Crime
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.
-
Business2 days agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief
-
Sports6 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Football1 week agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
Latest5 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Business5 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest5 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest6 days agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Latest5 days agoNDC Chieftain tells Atiku to drop presidential ambition over son’s support for Tinubu