Breaking News: Ibori pleads guilty to money laundering charges

[1] 2 3 4 ... 12
at 01:50 PM, 27/02/2012 (6 years ago)
(3853 | Gistmaniac) (m)
    Former governor of Delta State, Chief James Ibori, on Monday pleaded guilty to fraud and money laundering charges at a Southwark Crown Court in London.
An online medium, saharareporters, says Ibori pleaded guilty to 10 counts of fraud, money laundering and corruption before Judge Anthony Pitts.














Ibori’s guilty plea has closed a chapter to a long judicial and political saga pertaining to his massive money laundering activities in his eight years as governor of one of Nigeria’s major oil-producing states.
The former governor faces up to 10 years in a UK prison during sentencing, which will take place after the completion of the trial of his accomplice and financial advisor, Ghanaian-born Elias Preko.
Today, the judge ordered that the remaining charges would remain on file.
In a short submission, Crown Prosecution Service lawyer, Sasha Wass, QC, said the prosecution does not seek to go ahead with Ibori’s trial anymore, saying, ” Mr. Ibori has accepted the entirety of the prosecution’s case as it has always been set out.”
More details later.



http://www.punchng.com/news/breaking-news-ibori-pleads-guilty-to-money-laundering-charges/


Problem with this article? Please email reporter[at]naijapals[dot]com or visit our contact page


Idbabe at 01:59 PM, 27/02/2012 (6 years ago)
(7941 | Hero) (f)
So when is he returning all the money.  We need the money in that State to put things in place ASAP.  Not just to plead guilty, what next? mtcheeeeeeeeeeeeeee
Reply
Bachelorette at 02:05 PM, 27/02/2012 (6 years ago)
(3853 | Gistmaniac) (m)
Quote from: Idbabe on 01:59 PM, 27/02/2012
So when is he returning all the money.  We need the money in that State to put things in place ASAP.  Not just to plead guilty, what next? mtcheeeeeeeeeeeeeee

to be sentenced to at most ten years, and that's all. Law and order!

Reply
Bachelorette at 02:12 PM, 27/02/2012 (6 years ago)
(3853 | Gistmaniac) (m)
    James Ibori, a former governor of one of Nigeria's oil-producing states, has pleaded guilty in a UK court to 10 counts of money-laundering and conspiracy to defraud.

British police accuse him of stealing £250m ($400m) over eight years.

Mr Ibori, once seen as one of Nigeria's wealthiest and most influential politicians, was arrested in 2007.

He was then freed, before being re-arrested in Dubai on a British warrant in 2010 and then extradited.

In 2007, a UK court froze assets allegedly belonging to him worth $35m.

His annual salary as Delta state governor was less than $25,000.




Reply
proly at 03:00 PM, 27/02/2012 (6 years ago)
(15283 | Hero) (f)
ok
Reply
CHUKAGLY at 03:11 PM, 27/02/2012 (6 years ago)
(501 | Upcoming) (m)
Chei! Finally dis man don agree say him be thief..... Hmmmmmmon

Reply
Eyanyi at 03:11 PM, 27/02/2012 (6 years ago)
(423 | Upcoming) (m)
We know he is guilty as charge so give him his maximum punishment
Reply
amric at 03:11 PM, 27/02/2012 (6 years ago)
(420 | Upcoming) (f)
British police accused him of stealing about N60 bn (£250m or $400m) over eight years. N60 bn? na wa oooh

Reply
ajanni at 03:23 PM, 27/02/2012 (6 years ago)
(96088 | Grande Master) (m)
chei ---- i pity this guy ooooooo
Reply
onlyGodknows at 03:31 PM, 27/02/2012 (6 years ago)
(893 | Upcoming) (m)
Finally he has said what even the rats have always known. Now let the process for his prosecution begin. More of the Nigerian thieves in the government please, if our judiciary system is so weak to handle them, they  will one day fall into stronger hands cos they have not put anything on the ground here that would help them resist the temptation of traveling to where things are working.
Reply
kelvin500 at 03:32 PM, 27/02/2012 (6 years ago)
(755 | Upcoming) (m)
minus one,um....hw many more to go???
Reply
kris9ice2u at 03:35 PM, 27/02/2012 (6 years ago)
(38 | Newbie) (m)
God abeg we need more governors like donald duke,rochas.... fashola self try too.... God na beg i dey beg all the likes of ibori,alameisah they are all vampires the kind money wey this people dey loot dey make me  :'(
Reply
wukari at 03:40 PM, 27/02/2012 (6 years ago)
(203 | Upcoming) (m)
what of his cases in naija?
Reply
Bachelorette at 03:43 PM, 27/02/2012 (6 years ago)
(3853 | Gistmaniac) (m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Reply
Simon-Zeletus at 03:49 PM, 27/02/2012 (6 years ago)
(1072 | Gistmaniac) (m)
When are we retrieving all the money back mr London court
Reply
deboalabi262 at 03:50 PM, 27/02/2012 (6 years ago)
(13152 | Hero) (m)
All of them are thieves including GEJ and his co kabals. They should all confess ASAP before the forthcoming revolution catches on them. Animals in politics.....hissssssss

Reply
rayOFsunshine at 03:54 PM, 27/02/2012 (6 years ago)
(970 | Upcoming) (f)
aha, when did he realise that?
I thought he said he was not guilty all this time?
Reply
moralemike07 at 04:05 PM, 27/02/2012 (6 years ago)
(3865 | Gistmaniac) (m)
 Grin
Reply
HOPEA23 at 04:06 PM, 27/02/2012 (6 years ago)
(22429 | Addicted Hero) (f)
good  for him

Reply
EMMYBOSS at 04:12 PM, 27/02/2012 (6 years ago)
(1211 | Gistmaniac) (m)
we know
Reply
[1] 2 3 4 ... 12

LATEST COMMENTS

  1. Mykie010 on: Video: Comedian AY Makun Completes His Second Mansion In Lagos
    Congratulations my brother, may this type of blessing locate me in Jesus name Amen ... 37 mins ago ago
  2. Doyourworst on: Russian President, Vladimir Putin Declares War on Rap Music
    This man is worse than Hitler!...I feel so much pity for his people.Living life under such dictators... 52 mins ago ago
  3. waffibabe on: Cute New Born Baby Rescued After Being Dumped At The Roadside In Ogun State (Video)
    Omg,I know so many women looking for children for  years ... 1 hr ago ago
  4. waffibabe on: A child Is A Sexual Being, Parents Shouldn't Let Their Kids Wear Bum Shorts In Public -Nigerian
    That man is paedophile  and he should  be investigated ... 1 hr ago ago
  5. vice14 on: Drama As Two Female Polytechnic Students Fight In Public In Anambra State (Photos)
    [size=14pt]16 signs you may have HIV without knowing – if you notice #6, #12 or #14, please visit ... 1 hr ago ago