The UK and Nigeria closed a deal to return to the latter 4.2 million pounds ($5.84m) recovered from a former state governor who was jailed in London for concealment . James Ibori, former governor of southern Nigeria’s oil-producing Delta state from 1999 to 2007. He was confirmed guilty at London’s Southwark Crown Court. It happened in 2012 to 10 counts in case of fraud and money-laundering.
He was sentenced to a 13-year jail and spent four years behind bars for misusing public funds to buy for all his luxuries like homes, top-of-the-range cars and a personal jet.
The UK’s home and foreign office said in a statement that “This is that the first time that cash recovered from criminals are going to be returned to Nigeria [from the UK] since an agreement was signed in 2016 to recover and return the proceeds of bribery or corruption in a responsible and transparent way,”
Data source: Al Jazeera
