Oando Plc. has reacted to the revelation that Mr Ibori hid some of his assets in the company and money passed from Oando’s accounts to Ibori’s Swiss accounts.
A three-week confiscation hearing began at London’s Southwark Crown Court on Monday where Sasha, a British prosecutor, told the court that Mr Ibori hid some of his assets in Oando and money passed from the company’s accounts to Ibori’s Swiss accounts.
Continue after the break.