Tag: British Court

UK court to restart $145-million Nigeria asset-confiscation case

A British court hearing in which prosecutors were seeking the confiscation of 90 million pounds ($145 million) in assets they say belong to a corrupt former Nigerian oil state governor ended inconclusively on Monday and will start afresh next year. James Ibori, who was governor of oil-producing Delta State in […]

Nigeria’s Oando falls for a second day on Ibori allegations

Shares in Nigerian oil company Oando fell by almost the 10 percent limit allowed on the local stock exchange for a second day following allegations by a British prosecutor about links to jailed former Nigerian oil state governor James Ibori. The energy company’s shares were down 9.37 percent at 9.14 […]