Skip to main content

Ibori jailed for 13 years


James Ibori, former governor of Delta state, has been jailed for 13 years for fraud totalling nearly £50m (12.5 billion Naira ).
He was sentenced by a a Southwark Crown Court in London . This brings to an end years of probes both in London and Nigeria, where the ex-governor once held great political sway.
According to the Associated press, James Ibori had admitted in February to fraud and money-laundering involving sums of approximately 50 million pounds (12.5billion). He was accused of stealing $250 million from the public purse and funneling much of the stolen funds to banks in England to fund a lavish lifestyle of private jets and luxury cars.
Ibori, who evaded capture in Nigeria after a mob of supporters attacked police, was arrested in Dubai in 2010. He was extradited to the UK, where he was prosecuted based on evidence from the Metropolitan Police.
One of the counts Ibori admitted related to a $37m (£23m) fraud pertaining to the sale of Delta State's share in Nigerian privatised phone company company V Mobile. According to QC Sasha Wass, prosecuting, told the court Ibori "deliberately and systematically" defrauded the people he was elected to represent.
He was governor of Delta State between May 1999 and May 2007.

Comments

Popular posts from this blog

DO YOU WANT TO BECOME A MASON IN NIGERIA

 After all i have said about this fraternity if you are still interested in becoming a mason there are just simply ways in which you can do that, but inspite of my post i am neither encouraging nor discouraging you all i am doing is just to let you know more about this frat and there's more to come about those who have joined, the so called stars like jay-z, kanye west etc i guess its just 7 simple ways to join and off you go  Are there things you want to accomplish in your life? Are there ways you want to enrich yourself? Do you enjoy being with people you like and respect? As a Freemason, you’ll find friendship and fraternity. You’ll develop life skills like self-confidence, leadership, and effective communication. You’ll learn to work as part of a team  and to better yourself as you help others. Think about taking the first step into becoming a Mason. It is widely thought that one must be invited to become a Freemason or that Freemasonry is so exclusive as to be b...

Police Introduce Biometric Vehicle Registration

The Police said the introduction of a new Biometric Central Motor Registration (BCMR) is designed to fight terrorism, Kidnapping and car theft in the country. Police force spokesman CSP Frank Mba made this known at a press briefing in Abuja yesterday. He said the registration take effect from Monday next week and would involve the registration processes of vehicles, tricycles and auto-bikes from the analogue to the new system. He argued that the decision informing the introduction of the new process was against the backdrop of contemporary security challenges bordering on terrorism, high incidence of car theft, carjacking, kidnappings and other crimes. Mba said unlike the analogue procedure, the new method operate on smart-cards and portable hand-held receiver and is a specially developed technological means of attaching automobile owner's unique traits and personal data to their vehicles for proper identification and protection purposes. He said the new system is d...