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Britain urged to swiftly return politician’s loot to Nigeria

Britain urged to swiftly return politician’s loot to Nigeria

BRITISH and Nigerian civil society groups have urged the British government to return funds confiscated from Nigerian politician James Ibori, a convicted fraudster, to his country in a swift and transparent way so the money can benefit ordinary Nigerians. In a letter to Britain's home and foreign affairs ministers, a coalition of close to 50 NGOs said the long-delayed confiscation process had undermined the strong anti-corruption message sent by Ibori's conviction over a decade ago. "The years of disruption and delay in recovering and returning these stolen assets means this message has so far rung hollow for the Nigerian people,"…
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UK to return stolen $5.8 million to Nigeria

UK to return stolen $5.8 million to Nigeria

BRITAIN has agreed to send to Nigeria 4.2 million pounds ($5.84 million) recovered from a former state governor who was jailed for laundering money in Britain, the two countries have announced. James Ibori, who was governor of southern oil-producing Delta State from 1999 to 2007, pleaded guilty at London's Southwark Crown Court in 2012 to 10 counts of fraud and money-laundering. He received a 13-year sentence. The 4.2 million pounds was stolen by Ibori and his associates but retrieved through operations led by British law enforcement agencies, who identified assets bought in Britain with illicit funds, the Foreign Office said…
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UK seeks to seize $39 mln from lawyer who helped corrupt Nigerian politician

UK seeks to seize $39 mln from lawyer who helped corrupt Nigerian politician

ESTELLE SHIRBON BRITISH prosecutors have launched an attempt to confiscate 30.8 million pounds ($39.3 million) from a London lawyer who assisted a Nigerian politician in looting and laundering funds from the oil state he governed. Bhadresh Gohil was convicted in 2010 of 13 counts of money-laundering and other offences linked to his role in the case of James Ibori, who was governor of Delta State in southern Nigeria from 1999 to 2007. Gohil was sentenced to 10 years in prison. Then a partner at a firm in the London district of Mayfair, Gohil had helped Ibori channel stolen funds through…
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