Ibori’s set to loose £4.2m loot to Nigeria


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The funding of the second Niger bridge received a boost yesterday as the British Government has resolved to return to Nigeria £4.2million part of the funds so far recovered from friends and family members of former Delta Governor, James Ibori.

Disclosing this is the British High Commission to Nigeria, Ms Catriona Laing, on Tuesday in Abuja, saying this was the first tranche of such planned returns.

Laing said what is currently being returned were retrieved from friends and family members of Ibori.

She noted the Ibori case is laced with complications and the United Kingdom authorities were still working on the total actual amount involved in the case.

Laing, who spoke at a ceremony for the signing of a memorandum of understanding (MOU) between both countries in Abuja, assured more of such recoveries from the Ibori case would be returned to Nigeria in due course.

Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, who signed for the country, disclosed that President Muhammadu Buhari has directed the returned loots be deployed to completion of the second Niger Bridge, the Lagos to Ibadan express way and the Abuja to Kano expressway projects.

Details coming soon………….

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