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Ibori Loses Appeal Against UK Graft Conviction

James Ibori, who was jailed in Britain for laundering tens of millions of dollars in stolen public funds, through British banks and properties, lost an appeal against his conviction in London on Wednesday.

Ibori was governor of oil-producing Delta State in Southern Nigeria for eight years.

He had pleaded guilty in a London court in 2012 to a 10-count charge of fraud and money-laundering, involving sums amounting to at least 50 million pounds ($66 million).

He received a 13-year jail sentence of which he served half, as is common in the British system.

The former governor, who is now back in Nigeria, appealed against his conviction, alleging misconduct by British Police and prosecutors, which he argued, tainted the judicial process.

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PDP, APC Senators Clash Over Akwa Ibom APC Primaries

The plenary session of the senate on Wednesday witnessed a clash between senators under the aegis of the PDP and APC over the Akwa Ibom APC primaries. Senator Bassey Akpan (PDP, Akwa Ibom North-East) had raised a point…

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NNPC Denies Having $3.5Billion Subsidy Fund

The Nigerian National Petroleum Corporation has denied the "insinuation that it has in its custody $3.5billion Subsidy fund.” The details of the Subsidy Fund had caused a row on the floor of the Senate on Tuesday. The…

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EFCC Asks Fayose To Return N1.3 Billion

The immediate past governor of Ekiti state, Ayodele Fayose who is at present detained in the custody of EFCC has been asked to refund a sum of N1.3 billion. Fayose was asked to write a statement explaining how he spent…

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Senators Divided Over $3.8bn Subsidy Payment Probe

Members of the senate are divided over the probe into the alleged illegal subsidy payment on Premium Motor Spirit (petrol) by the Nigerian National Petroleum Corporation. The Minority Leader, Senator Biodun Olujimi…

All News stories October 2018