BREAKING: Ibori appears before UK Court for confiscation trial

Former Governor of Delta state, James Ibori is currently appearing before a UK court for his confiscation trial, TheCable reports.

If found guilty, Ibori might forfeit his assets, worth about 250 million pounds.

The British Government had accused Ibori of stealing about $250m from the Delta State Government part of which was used in buying six houses and luxury vehicles in the UK, the United States and South Africa.

Delta State may not get anything from the assets and the money which the UK claims he stole from the state.

The Delta State Government has already permanently forfeited $15m of the Ibori loot to the Federal Government for failing to cooperate with the Economic and Financial Crimes Commission to bring Ibori to justice.

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