A former governor of oil-producing Delta State in southern Nigeria, Ibori was extradited in 2011 from Dubai to London, where he was charged with laundering a corruptly acquired fortune.
With its highly developed financial and legal services and lucrative property market, Britain is a global money-laundering hub, but it is rare for the foreign kleptocrats it attracts to be prosecuted and Ibori's case remains an outlier. Judge David Tomlinson of Southwark Crown Court has made factual findings regarding the funds. At a hearing on Thursday, both sides made competing arguments about how the confiscation figure should be calculated, taking into account the judge's findings. He is expected to finalise and formally issue his order on Friday or shortly afterwards.
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