UK returns $6 million to Nigeria stolen by ex-governor

A file image taken on December 16, 2006 in Lagos exhibits the previous governor of Nigeria’s oil wealthy Delta State, James Ibori. (PIUS UTOMI EKPEI / AFP FILES / AFP)

  • Cash stolen from Nigeria between 1999 and 2007 has been returned by the UK.
  • Nigeria obtained $5.9 million which was looted by a former governor and was jailed in Britain.
  • A deal stipulates Nigeria will use the funds to finance very important infrastructure tasks.

Nigeria has obtained 4.2 million kilos ($5.9 million) looted by a former governor, who was jailed in Britain for cash laundering and fraud, the justice minister mentioned on Tuesday.

The cash was stolen by James Ibori, the flamboyant governor of the southern oil-rich Delta state between 1999 and 2007.

A landmark corruption case led to a deal in March signed by Nigeria and Britain on repatriating the cash.

The deal stipulates that Nigeria will use the funds to finance very important infrastructure tasks.

A spokesperson for Justice Minister Abubakar Malami mentioned “the Federal Authorities of Nigeria has obtained GBP 4 214 017.66.”

“The quantity has been credited into the designated Federal Authorities account with naira equal worth of the quantity as of tenth Could, 2021,” the spokersperson, Umar Jibrilu Gwandu, mentioned in a press release.

Ibori was jailed in April 2012 for fraud amounting to just about 50 million kilos (on the time $78.6 million or 62 million euros).

The one-time cashier at a series of British DIY shops used public funds to purchase luxurious properties, top-of-the-range automobiles and a personal jet.

He fled to Dubai in 2010 however was extradited to Britain, the place he was sentenced and served 4 years of a 13-year jail time period. He was launched in December 2016.

Scotland Yard mentioned that in his two phrases as governor, Ibori “systematically stole funds from the general public purse, secreting them in financial institution accounts internationally.”

Anti-corruption campaigners hailed his sentence as a uncommon victory within the combat towards worldwide graft.

Hundreds of thousands of {dollars} stolen by former navy ruler Sani Abacha have additionally been repatriated to Nigeria from Switzerland and different nations.

Abacha died in June 1998 after seemingly looting some 5 billion {dollars}.

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