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Ibori Risks Losing $130 Million as UK Judge Orders Confiscation

On Friday, Judge David Tomlinson of Southwark Crown Court in London issued a significant ruling, ordering the confiscation of £101.5 million pounds ($130.34 million) from former Delta state governor, James Ibori. In naira terms, the confiscated amount stands at N101,1 billion, which is approximately one-ninth of the amount shared by the three tiers of the […]