Saturday, 22 July 2023 04:41

London court orders confiscation of $130m from ex-gov Ibori

Rate this item
(0 votes)

Britain will seek to confiscate 101.5 million pounds ($130 million) from James Ibori, a former Nigerian state governor who abused his office to get rich and laundered millions in Britain and elsewhere, under a court order issued in London on Friday.

Ibori, who is in Nigeria, said he would appeal against the confiscation order, one of the largest imposed on an individual in recent British legal history.

"The next steps will be to take my fight for justice to the highest courts in the UK," he said in a statement.

Ibori was governor of oil-producing Delta State from 1999 to 2007 and was extradited from Dubai to Britain in 2011. He pleaded guilty in 2012 to 10 counts of fraud and money-laundering and received a 13-year jail sentence of which he served half, as is standard.

The case was hailed as a landmark in the fight against corruption in Britain, a global money-laundering hub, and in Nigeria, where self-enrichment by the ruling elite has been one of the main factors holding back development for decades.

David Tomlinson, delivering the confiscation order at Southwark Crown Court, said Ibori should pay the sum immediately or face an eight-year jail sentence.

Spokespersons for Nigerian President Bola Tinubu did not immediately respond to requests for comment on whether the Nigerian government would cooperate with the British authorities in enforcing the confiscation order.

Ibori remains well-connected in Nigeria. Tinubu, who took office in May, has hosted him twice at the presidential villa, along with other former governors. Ibori frequently mingles with the ruling elite, and has influence on Delta State politics.

The confiscation process took over a decade after Ibori's conviction because of lengthy court delays and legal wrangling in London.

"The long and tortuous road to reach this point shows just how tough it is to recover the proceeds of corruption in the UK," said Helen Taylor, Senior Legal Researcher at campaign group Spotlight on Corruption.

"To ensure justice delayed doesn’t mean justice denied for the Nigerian people, it’s essential that the UK now makes every effort to ensure the speedy return of this stolen loot to benefit the victims of Ibori’s corruption in Delta State," she said.

Britain has pledged to return any funds recovered from Ibori to Nigeria. In 2021, it returned 4.2 million pounds that had been confiscated from Ibori's ex-wife and his sister, who also served jail time for helping him.

($1 = 0.7788 pounds)

 

Reuters

May 17, 2025

Nigeria's major producer halts oil feeds into key pipeline for crude exports after burst

Nigerian oil firm Renaissance Energy has halted production on one line feeding into the Trans…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 18, 2025

Joe Rogan questions Big Bang theory, says he's 'sticking with Jesus' over Resurrection

Podcaster Joe Rogan recently expressed skepticism regarding the Big Bang theory and said he finds…
May 17, 2025

Woman files for divorce after ChatGPT read husband’s affair in coffee cup

A Greek woman decided to divorce her husband of 12 years after ChatGPT told her…
May 18, 2025

Boko Haram kills 50 farmers in Borno

Boko Haram terrorists have killed at least 50 farmers in Malam Karanti village, Kukawa local…
May 18, 2025

What to know after Day 1179 of Russia-Ukraine war

WESTERN PERSPECTIVE Trump to speak to Russian, Ukrainian leaders on Monday after talks in Turkey…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.