UK returns $5.8m stolen loot by ex-governor, James Ibori to Nigeria

News - by RadioNow / May. 19th, 2021
FILE PHOTO: James Ibori, former governor of Nigeria's Delta State, speaks after a court hearing outside the Royal Courts of Justice in London

The sum of $5.8 million recovered by UK agencies, stolen by a former Nigerian governor and laundered in Britain has now been returned to Nigeria, the Nigerian authorities say.

Former Delta state Governor James Ibori was convicted of money laundering in the UK in 2012.

Prosecutors say he stole an estimated $165m (£117m) from the oil-rich state.

Nigeria’s Attorney General Abubakar Malami hailed the return of the loot as a “demonstration of the recognition of the reputation Nigeria earns” for managing recovered money, according to a statement from his spokesperson.

Leave a Reply

Other Post

Social Share Buttons and Icons powered by Ultimatelysocial