Country of Origin
Nigeria
Country of Asset Location
United Kingdom
Country that initiated legal action to recover proceeds of corruption
Nigeria
Disposition of Criminal Case(s)
At time of reporting (2020), there were ongoing investigations/prosecutions related to this case in both the country of origin (Nigeria) and country of asset location (United Kingdom). A conviction was secured in the country of asset location (UK).
Public Official(s) involved or allegedly involved
James Ibori (Delta State Governor (1999-2007) of Nigeria)
Governor Action Initiating Asset Recovery
By an MLA request from the country of origin
Stage of Asset Recovery
Assets frozen/seized
Legal Basis for Asset Recovery in the country of origin
Conviction-based criminal prosecution and confiscation
Legal Basis for International Cooperation
UNCAC
Bilateral Mutual Legal Assistance Treaty
Notes
The time span of asset freezing/seizure orders and their enforcement was 2007-2010 under the jurisdiction of United Kingdom.
At the time of reporting (in 2020), assets were still frozen/seized.
Assets Frozen/Seized
#1
Assets frozen/seized
153,000,000.00 USD
Assets frozen/seized (USD equivalent)
$153,000,000.00
Date of freeze/seizure
2007 - 2010
Jurisdiction
United Kingdom
Asset Type at Time of Freeze/Seizure
Cash/bank deposit
Real estate
Motor vehicle
Aircraft
Jewelry
USD Conversion date
September 2023
Date and Country of Case Submission
January 1, 2020
Nigeria
Data Source
Official information provided by country authorities