• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Saturday, December 13, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Demand For The Return Of Ibori’s Stolen Wealth To Benefit Ordinary Nigerians

Tambaya Julius by Tambaya Julius
September 28, 2023
in News
0
Demand For The Return Of Ibori’s Stolen Wealth To Benefit Ordinary Nigerians
0
SHARES
3
VIEWS
FacebookTwitterWhatsappEmailTelegram

In a resounding call for justice, a coalition of over 50 British and Nigerian civil society groups has come together, urging the British government to take immediate action in returning funds seized from James Ibori, the former governor of Delta state, to the people of Nigeria.

This alliance, which includes prominent organizations like Transparency International and the Africa Network for Environment and Economic Justice, emphasizes the critical need for transparency and accountability in this process.

RelatedPosts

Peace Corps Accuses EFCC of Bias on Arraignment of Its Officers Over Civil Contract

PICTORIAL: Gowon, Obasanjo, Others Present As First Lady Remi Tinubu Hosts Christmas Carols

What If Power Stays in Southern Taraba Permanently? The Unfinished Story of a Region That Calls the Shots

Addressing Britain’s home secretary, Suella Braverman, and foreign secretary, James Cleverly, the coalition stresses the significance of a swift and transparent return of the confiscated wealth.

They believe that such a step would not only serve as a beacon of hope but also deliver a clear message that Britain stands against corruption and its proceeds.

For more than a decade, the confiscation of these ill-gotten gains has faced disruptions and delays, leaving the Nigerian people in anticipation.

The coalition emphasizes that the long-awaited return of these assets is essential to give real weight to the conviction of Ibori over a decade ago.

In a landmark ruling in July 2023, the Southwark Crown Court ordered the confiscation of over £101 million from Ibori and an additional £28 million from his former solicitor and co-defendant Bhadresh Gohil.

This move was seen as a testament to the UK government’s commitment to combat corruption and money laundering.

ALSO READ:  More Troubles: Court Stops VeryDarkman From Publishing Defamatory Materials Against Mercy Chinwo

However, the actual return of assets to Nigeria has been painfully slow. Shockingly, only £4.2 million, less than 3% of the total confiscated from Ibori and his associates, has been repatriated to Nigeria thus far.

The coalition makes a fervent plea to the UK government to redouble its efforts in ensuring the prompt, transparent, and accountable return of the remaining Ibori loot to the people of Delta State.

This action is not just a legal obligation but a moral responsibility to the Nigerian people.

James Ibori, once a powerful figure, was convicted in a London court in 2012 on 10 counts of fraud and money laundering.

Despite serving approximately half of his 13-year jail sentence, he remains influential in Nigerian politics, with ties to President Bola Tinubu.

To guarantee that the funds confiscated from Ibori truly benefit the people of Delta State, the coalition insists on their allocation to projects that directly impact the community.

Moreover, they advocate for robust civil society monitoring to ensure transparency throughout this critical process.

Despite the monumental confiscation order in July, the legal battle is far from over.

Ibori has applied for leave to appeal against the order, and the appeal process is currently in its early stages.

Tags: Civil SocietyIbori LootMonitoring Corruption Conviction
Previous Post

Bandit Attacks Shake Takanai Community In Southern Kaduna

Next Post

My Rejoinder to the Cable Story: “Ex-FIRS Boss Nami Approved N11bn ‘Suspicious’ Payments After His Exit

Tambaya Julius

Tambaya Julius

Julius is a journalist, a BSc Holder in Mass Communication.

Related Posts

Peace Corps Accuses EFCC of Bias on Arraignment of Its Officers Over Civil Contract

Peace Corps Accuses EFCC of Bias on Arraignment of Its Officers Over Civil Contract

by Nathaniel Irobi
December 13, 2025
0

  The Peace Corps of Nigeria (PCN) has accused the Economic and Financial Crimes Commission ( EFCC) of acting in...

PICTORIAL: Gowon, Obasanjo, Others Present As First Lady Remi Tinubu Hosts Christmas Carols

PICTORIAL: Gowon, Obasanjo, Others Present As First Lady Remi Tinubu Hosts Christmas Carols

by Elanza
December 12, 2025
0

By Jonathan Nda-Isaiah Nigerians have been urged to embrace selfless service and rally with an “all hands on deck” spirit...

What If Power Stays in Southern Taraba Permanently? The Unfinished Story of a Region That Calls the Shots

What If Power Stays in Southern Taraba Permanently? The Unfinished Story of a Region That Calls the Shots

by Elanza
December 12, 2025
0

For decades, Southern Taraba has been the quiet engine room of Taraba State politics. But as the 2027 transition season...

Next Post
Revolutionizing Revenue Collection: FIRS’s Remarkable Journey

My Rejoinder to the Cable Story: “Ex-FIRS Boss Nami Approved N11bn ‘Suspicious’ Payments After His Exit

Kaduna Governorship Election Declared Inconclusive

Kaduna Governorship Election Declared Inconclusive

Recommended

BUA Cement Gives 40m Naira Scholarship To 200 Students Of Host States

BUA Cement Gives 40m Naira Scholarship To 200 Students Of Host States

4 days ago
Kaduna Recorded 50 Fire Incidents, 2 Deaths in Three Months – Official

Troops Eliminate 3 Suspected Bandits, Recover Two Motorcycles in Benue

13 hours ago

Popular News

  • Court Freezes Company Assets Over Alleged NNPC Fraud

    Court Ruling Applies Only To FCT Traffic Agency, Says CDCROF

    0 shares
    Share 0 Tweet 0
  • Gen. Gora Unveils Campaign Office In Jaba LGA A Head Of 2027 Elections

    0 shares
    Share 0 Tweet 0
  • Police, Council Accused of Backing Illegal Land Deals

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • Students urge Nigerian embassy in Philippines to halt visa revocation crisis

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (803)
  • Education (243)
  • Entertainment (332)
  • Health (222)
  • National (2,818)
  • News (9,270)
  • Opinion (364)
  • Politics (1,824)
  • Science (15)
  • Security (411)
  • Sports (535)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform