Abuja — Britain has agreed to send to Nigeria £4.2m recovered from a former state governor who was jailed for laundering money in Britain, the two countries said on Tuesday.

James Ibori, who was governor of southern oil-producing Delta State from 1999 to 2007, pleaded guilty at London's Southwark Crown Court in 2012 to 10 counts of fraud and money-laundering. He received a 13-year sentence...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.