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 […]
Tag: London
James Obori Claims 30% Stake In Oando
* Bank report likened Ibori to scion of Kennedy dynasty * Prosecutor says more assets may still be hidden * Details of Ibori’s assets revealed at London hearing Jailed former Nigerian oil state governor James Ibori told a Swiss private bank in 2004 that he owned 30 […]
Governor Ibori hid assets in Nigeria’s Oando – British prosecutor
Jailed former Nigerian oil state governor James Ibori hid some of his assets in the oil firm Oando and money passed from the company’s accounts to Ibori’s Swiss accounts, a British prosecutor told a court on Monday. Ibori, who governed Delta State from 1999 to 2007 and influenced national politics, […]
