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About: http://data.cimple.eu/news-article/01173b05e1dfd92c9b4f76dfacb20cacec3914cef3b197ca0b8b23a3 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Britain and Nigeria on Tuesday signed a deal to return £4.2 million ($5.82 million) recovered from a former governor of oil-rich Delta state, who served a jail term in London for fraud. "This is the first time that money recovered from criminals will be returned to Nigeria (from Britain) since an agreement was signed in 2016 to recover and return the proceeds of bribery or corruption in a responsible and transparent way," Britain's Foreign Office said in a statement to AFP in Lagos. It said the money stolen by James Ibori, governor of southern oil-rich Delta state between 1999 and 2007, was retrieved by British law enforcement agencies. The funds will go towards "vital infrastructure and building works," it said. Home Office Minister Baroness Williams described the deal as "a significant moment in our fight against illicit finance wherever it is found." Ibori was jailed in April 2012 for fraud amounting to nearly £50 million (at the time $78.6 million / 62 million euros) following a drawn-out extradition procedure and his evasion of arrest and prosecution in Nigeria. The one-time cashier at a chain of British DIY stores used public funds to buy luxury homes, top-of-the-range cars and a private jet. He served four years of a 13-year jail term, which anti-corruption campaigners hailed as a rare victory in the fight against international graft. Millions of dollars stolen by former military ruler Sani Abacha have also been repatriated to Nigeria from Switzerland and other countries. Abacha died in June 1998 after reputedly looting some five billion dollars. joa/ri
schema:headline	Britain signs deal with Nigeria to return looted funds
schema:mentions	Foreign and Commonwealth Office Do it yourself Bribery Home Office Extradition Delta State Switzerland London Nigeria United Kingdom Sani Abacha James Ibori Lagos State Australian Federal Police
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	70 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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