The United Kingdom re-launches its bid to seize the “proceeds of loot” of properties worth 117 million pounds belonging to the former governor of Delta State, James Ibori.
Ibori was sentenced to jail by a UK judge for charges bordering on fraud and money laundering. Ibori's stint in jail ended in 2016, returning to Nigeria in 2017.
Due to unresolved legal impediments, British prosecutors were unable to seize his properties that were tied to his crimes, while the former governor was serving time in prison.
According to Reuters, after several other abortive attempts of British prosecutors to confiscate his assets, a suit was filed to enable them to seize Ibori's assets.
British prosecutor, Jonathan Kinnear, made a list of the assets that the court seeks to confiscate and "return to Nigerian public funds."
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According to Jonathan, the properties are valued at 117 million pounds (N55.4 billion) and that “only a portion of that sum is likely to be recoverable.”
With the efforts of the British court to confiscate Ibori's assets, EFCC, in 2018 reported that Ibori was fighting hard to forestall any such move against him, also employing the media to portray him as a victim of the judicial process brought against him by the courts amid all pieces of evidence of his involvement in the crimes he's charged with.
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