By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Ibori Loot: Nigeria receives £4.2m from UK
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
BusinessNews

Ibori Loot: Nigeria receives £4.2m from UK

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2021/05/18
1 Min Read
Share
James Ibori
James Ibori
SHARE

Nigeria has received the £4.2million seized from the associates of convicted former Governor of Delta State, James Ibori from the United Kingdom.

The Minister of Justice and the Attorney-General of the Federation, Abubakar Malami, announced this development in a statement issued by his spokesman, Dr Umar Jibrilu Gwandu, on Tuesday.

According to Malami, the amount has been credited into the designated Federal Government account with naira equivalent as of 10th May, 2021.

“The Federal Government of Nigeria has received GBP 4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Ibori.

- Advertisement -

“The amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May 2021.”

Malami had signed the Memorandum of Understanding for the repatriation of the stolen monies on behalf of the Federal Government of Nigeria.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:IboriIbori LootJames IboriNigeriaUnited Kingdom
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Senate President Ahmad Lawan Buhari writes letter to Senate, seeks approval for N2.3trn external loan
Next Article Naomi Campbell 50-year-old Naomi Campbell welcomes first child

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

Kwara Governor Orders Emergency Security Review After Kaiama Mass Killing

By Oluwadara Akingbohungbe
3 Min Read
Business

CAC Offers Free Business Name Registration for 3,500 Small Enterprises Nationwide

By Ogungbayi Feyisola Faesol
3 Min Read
PenCom Office Building
Business

PenCom Raises Equity Investment Limits to Ease Pension Fund Liquidity

By Ogungbayi Feyisola Faesol
3 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook