London court confiscates James Ibori’s N101.1 billion

James Ibori Judge David Tomlinson of Southwark Crown Court in London on Friday ordered the confiscation of £101.5 million pounds ($130.34 million) from former Delta state governor James Ibori. In naira terms, the confiscated amount is N101,143,847,363.27, about one-ninth the amount shared by the three tiers of government on Thursday. Judge Tomlinson said Ibori should … Continue reading London court confiscates James Ibori’s N101.1 billion