Tuesday, February 28, 2012

MONEY LAUNDERING: James Ibori pleads guilty

James Ibori
Ex- Governor of  Delta State, Chief James Ibori, 53, on Monday, in a British Southwark Crown Court pleaded guilty to charges of money-laundering, conspiring to defraud and obtaining a money transfer by fraud, officials said.
Against earlier reports that Ibori might enter into a plea bargain, the former governor yesterday pleaded guilty before the court to a 10-count charge of money-laundering and conspiracy to defraud his state.
Ibori was immune from prosecution in Nigeria between 1999 and 2007 when he was serving as governor.
It was reported, Paul Whatmore of the Metropolitan Police said, “We will now be actively seeking the confiscation of all his stolen assets so they can be repatriated for the benefit of the people of Delta State.”
Meanwhile, the Economic and Financial Crimes Commission has described Ibori guilt plea as a victory for the rule of law.
 

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...