Audio By Carbonatix
After more than a decade-long process, steps by the British authorities to confiscate money stolen by a Nigerian former state governor, James Ibori, have nearly concluded, the Reuters news agency reports.
It quotes a British prosecutor as telling a court that it should retrieve $129m (£100m) from Ibori.
Previously, prosecutors have said that he stole an estimated $165m from the oil-rich Delta state in southern Nigeria.
Two years ago, the UK returned some $5.8m that Ibori had taken.
In 2012, after being extradited from Dubai to the UK, he was convicted on 10 counts of fraud. After serving some of his sentence in prison Ibori returned to Nigeria in 2017.
In a text message to Reuters he said that he would appeal against the confiscation order.
It is expected to be issued on Friday or soon after, Reuters says.
Latest Stories
-
Pay teacher allowances to improve student performance – Ntim Fordjour urges gov’t
44 minutes -
Why Alonso’s chances of survival at Real Madrid are slim
1 hour -
Legal Green Association launches scholarship scheme for law students
1 hour -
Simon Madjie writes: Oti Region: Ghana’s emerging growth frontier
2 hours -
Cedi slips amid seasonal heat; one dollar equals GH¢12.20
2 hours -
Yirenkyi-Addo wins ‘Deloitte CEO Impact Award’
2 hours -
‘I am not weak’ says Slot, but Salah could return
2 hours -
World Bank’s new outcome bond supports clean cooking initiative in Ghana
2 hours -
NACOC nabs 3 in connection with 1,158kg suspected cocaine shipment to Belgium
2 hours -
‘Certiorari is not stay of execution’: Amaliba defends Parliament’s notification on Kpandai vacancy
2 hours -
Sister Sandy set to host Medikal’s BYK Concert at the Accra Sports Stadium
3 hours -
AfroFuture Ghana 2025 adds Rema, KiDi and more to its December festival lineup
3 hours -
Paramount launches rival bid for Warner Bros Discovery
3 hours -
Ukraine’s European allies press for more security guarantees
4 hours -
Why the haste? – NPP MP question’s EC notification over vacant Kpandai seat despite stay of exection
4 hours
