UK Court Orders Confiscation of $130 Million from Convicted Nigerian Politician Ibori

TL;DR Summary
Prosecutors in a London court are seeking a confiscation order of over £100 million ($129 million) from Nigerian politician James Ibori, who was convicted of fraud and money laundering. Ibori, a former governor of Delta State in Nigeria, pleaded guilty to 10 counts in 2012 and served a 13-year jail sentence in the UK. The case is seen as a landmark in the fight against corruption. The judge is expected to issue the final order soon. Ibori plans to appeal the confiscation order. The UK has pledged to return any recovered funds to Nigeria.
- Convicted Nigerian politician Ibori faces huge UK confiscation order Reuters UK
- London judge orders confiscation of $130 million from Nigerian ex-governor Ibori Yahoo News
- James Ibori: UK court fit seize over 100 million pounds from ex-Delta governor BBC
- London judge orders confiscation of $130 mln from Nigerian ex-governor Ibori Reuters UK
- ‘Hopes for fairness fading,’ James Ibori reacts to UK’s plan to confiscate $129m linked to him Vanguard
- View Full Coverage on Google News
Reading Insights
Total Reads
1
Unique Readers
10
Time Saved
2 min
vs 3 min read
Condensed
77%
404 → 94 words
Want the full story? Read the original article
Read on Reuters UK