A former Delta State Governor James Ibori, is embroiled in a fresh legal tussle, as a United Kingdom (UK) South wark Crown Court is set to order the seizure of over 100 million pounds ($129 million) traced to him.
Justice David Tomlinso has made factual findings regarding how much money Ibori benefited from his crimes as the confiscation proceedings against Ibori are drawing close to conclusion.
The prosecution and the defense have presented their arguments on how the confiscation figure should be calculated based on the judge’s findings.
The judge is expected to finalise and issue his order today – Friday.
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Jonathan Kinnear, the Prosecution lawyer, told the Court that the total amount that should be confiscated from Ibori was 101.5 million pounds and that if he failed to pay, he should face an additional prison term of five to 10 years.
However, Ibori is said to be planning for appeal against the looming confiscation order.
The former Governor had in 2012 was admitted to 10 charges of fraud and money laundering and was sentenced to 13 years in prison.
Prior to that, he was extradited from Dubai to London in 2011 after fleeing Nigeria.
The British authorities indicted him for stealing public funds and laundering them through UK banks and properties.
Ibori was Governor of Delta from 1999 to 2007.
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