Man in money launder scam with dictator to repay £26.5m
He was jailed in 2010 for eight years, but in February this was cut to six years for Bhojwani's good character.
The money was laundered in a business deal with the late Nigerian military dictator, who died in 1998.
The Royal Court ordered the confiscation of £26.5m and for Bhojwani to contribute to the prosecution costs.
A statement released by the Royal Court said it represented the end of a long investigation into serious money laundering in Jersey.
HM Attorney General Timothy Le Cocq, QC, said: "This is not the first time the attorney general has brought a successful prosecution for money laundering and we hope that it will send out a clear message that Jersey will deal very seriously with such offences."
The case began following an investigation into the activities of General Abacha.
$170m connected with the Abacha investigation has already been returned to Nigeria from Jersey and it is expected some of the confiscated money from Bhojwani will also be returned.