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 […]
Tag: Oando
Bids on Chevron’s Nigeria oil blocks due next week: sources
U.S.-based Chevron Corp (CVX.N) will receive bids on September 30 from prospective buyers of three oil blocks in the Niger Delta, with several local Nigerian firms in the running, industry sources told Reuters on Tuesday. Oil industry sources estimate the mean value of the three blocks combined at $500 million […]
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 […]
