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
-
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
2 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
2 hours -
BoG rejects market speculation, emphasises data-driven policies
3 hours -
BoG targets consolidation, discipline in 2026 policy direction
3 hours -
GJA-Ashanti commends EPA’s continuous engagement with journalists who were involved in accident
3 hours -
Wenchi needs development, help us – Chiefs to Aseidu Nketia
4 hours -
EPA boss encourages journalists not to relent in their support to fight galamsey
4 hours -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
4 hours -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
5 hours -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
5 hours -
My Response to Dr Bryan Acheampong: Facts must prevail
5 hours -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
5 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
6 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
6 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
6 hours
