London Court may today read the sentence of former Governor of Delta state, James Ibori, who was found guilty of money laundering and fraud.
Ibori had pleaded guilty to 10 counts of fraud, money laundering and corruption put at about $250m before Justice Anthony Pitts.
He faces up to 10 years in a UK prison and is coming barely a few
days after his accomplice and financial advisor, Ghanaian-born Elias
Preko, had been acquitted.
In a short submission, Southwark Crown Court Prosecution Service lawyer, Sasha Wass,
QC, had said the prosecution did not seek to go ahead with Ibori’s trial
anymore because “Mr. Ibori has accepted the entirety of the
prosecution’s case as it has always been set out.”
But the Economic and Financial Crimes Commission, which had expressed
happiness with the confession of Ibori before the London court, had
also indicated that the former governor would also be tried in Nigeria
after serving his jail terms in UK.
The spokesperson for the EFCC, had said the
commission had been vindicated that the ex-govenor had a case to answer.
He said, “The interesting aspect of the development in London is the
fact that Ibori chickened out of a full blown fraud and money laundering
trial by changing his plea.
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