Recall that Ibori returned to Nigeria six years ago after serving a prison sentence he served for money laundering and fraud charges.
The British authorities had indicted the former governor for stealing public funds and laundering them through UK banks and properties. However, the trial on confiscation proceedings against Ibori began in February 2017.
Factual findings regarding the amount of money linked to Ibori were made by Judge David Tomlinson of Southwark Crown Court.
During a hearing on Thursday, the prosecution and the defence presented their arguments on how the confiscation figure should be calculated based on the judge’s findings.
Ibori, who returned to Nigeria in 2017 after serving half his sentence, did not attend the hearing.
The prosecution lawyer, Jonathan Kinnear, told the court that the total amount that should be confiscated from Ibori was £101.5 million.
Kinnear told the court that if he fails to pay, he should face an additional prison term of five and ten years.
The judge is expected to conclude and issue an order on Friday or soon after.
In other news, Kanyi Daily reported that Super Falcons midfielder, Deborah Abiodun has apologised to Nigerians after she was given a red card that sent her off the pitch for a dangerous foul in the team’s 2023 FIFA Women’s World Cup campaign against Canada on Friday.
Peter Obi, the Labour Party’s presidential candidate, has suggested that the country needs to rethink…
Kemi Badenoch, the former British Business Secretary, has been elected as the new leader of…
American rapper, Lil Uzi Vert has donated over $10,000 to help Twitch streamer, Kai Cenat…
Oladotun Olakanle, Chairman of the Onigbongbo Local Council Development Area, passed away in the early…
Beiersdorf Nivea Consumer Products Nig. Ltd has reassured customers of its products' safety after an…
The Inspector General of Police (IGP) Kayode Egbetokun claims the fainting of minors in an…