JUST IN: UK Govt To Return £4.2m Ibori Loot

The United Kingdom on Tuesday signed a Memorandum of Understanding (MoU) to return the sum of £4.2 million assets stolen by former Delta State Governor, James Ibori to Nigeria.

This was revealed on by the British High Commissioner to Nigeria,  Catriona Laing in Abuja, the nation’s capital.

Laing at the signing of the MoU at the Conference Hall of the Ministry of Justice said the money was recovered from friends and family members of the former governor.

She lamented that many Nigerians were in the habit of siphoning money from the country to the UK, saying that has also affected the level of trust between the two countries.