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UK returns $5.97m stolen by Nigerian ex-governor


UK returns $5.97m stolen by Nigerian ex-governor
Wednesday May 19 2021
Summary
The ex-governor pleaded guilty in February 2012 to 10 offences relating to conspiracy to launder funds from the State, substantive counts of money laundering and one count of obtaining money transfer by deception and fraud. 
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Nigeria has received the sum of £4,214,017 ($5.97 million), which is loot recovered by the United Kingdom from former Governor of oil-rich Delta State, Mr James Ibori, who was jailed in Britain in 2012 for fraud. 
Mr Abubakar Malami, Nigeria’s Attorney-General of the Federation and Minister of Justice, confirmed that the West African country was credited with the Naira equivalent of the money on May 10, 2021.  ....

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A Legislative Intervention in Ibori's £4.2m Loot


The House of Representatives, last Wednesday, asked the federal government to halt disbursement of repatriated £4.2 million looted by former Delta State governor, James Ibori. Udora Orizu reports
As the Federal Government gears up to receive from the United Kingdom, the £4.2 million forfeited by a former governor of Delta State, Chief James Ibori, the House of Representatives has faulted the decision to spend it on the completion of the Second Niger Bridge, Abuja-Kano Expressway and the Lagos-Ibadan Expressway, because the money belongs to Delta State.
The House had at the plenary on March 10, declared that the money belongs to Delta State, urging the Federal Ministry of Finance to stop further appropriation or disbursement, pending the final determination of the matter by the lawmakers. ....

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Return all forfeited funds, properties purchased legitimately, Oghara Union tells UK


Return all forfeited funds, properties purchased legitimately, Oghara Union tells UK
On
…Delta elders reject FG’s bid to spend £4.2m refund by Britain
…Threaten court action
By Emma Amaize & Ikechukwu Nnochiri
Delta Elders Forum, led by South-South leader, Chief Edwin Clark, yesterday, opposed plans by the Federal Government to use the £4.2 million pounds taken from the state and seized by a former governor to complete roads and other infrastructure projects in other parts of the country when federal roads in the state are in dilapidated condition.
They also threatened to go to court should the Federal Government go ahead to appropriate the money. ....

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