Hearing in the case of confiscation of 90 million pounds (N22.5 billion) worth of asset belonging to ex-governor IboriJames Ibori ended inconclusively on Monday in a British court.
The case will now start afresh next year.
James Ibori, governor of the oil-producing state of Delta in southern Nigeria from 1999 to 2007, is serving a 13-year jail sentence in a British jail.
This was after he pleaded guilty in February 2012 to 10 counts of fraud and money-laundering.
Once an influential power-broker at the heart of Nigeria’s ruling PDP, he is by far the most senior politician to be held accountable for corruption; although he is yet to be convicted for corruption in Nigeria, where a high court judge had once freed him of corruption charges.
The confiscation proceedings against him will determine whether he emerges from jail impoverished or still in possession of a large enough fortune to regain a position of influence in Nigeria.
Read More at http://www.naijacenter.com/ibori-n22-billion-loot-uk-court-restart-assetconfiscation-case/
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