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/

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Posted: at 27-02-2012 01:50 PM (12 years ago) | Gistmaniac

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

Posted: at 27-02-2012 01:59 PM (12 years ago) | Hero

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

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!

Posted: at 27-02-2012 02:05 PM (12 years ago) | Gistmaniac

    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.

Posted: at 27-02-2012 02:12 PM (12 years ago) | Gistmaniac

ok

Posted: at 27-02-2012 03:00 PM (12 years ago) | Hero

Chei! Finally dis man don agree say him be thief..... Hmmmmmmon

Posted: at 27-02-2012 03:11 PM (12 years ago) | Upcoming

We know he is guilty as charge so give him his maximum punishment

Posted: at 27-02-2012 03:11 PM (12 years ago) | Upcoming

British police accused him of stealing about N60 bn (£250m or $400m) over eight years. N60 bn? na wa oooh

Posted: at 27-02-2012 03:11 PM (12 years ago) | Upcoming

chei ---- i pity this guy ooooooo

Posted: at 27-02-2012 03:23 PM (12 years ago) | Grande Master

[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.]

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.

Posted: at 27-02-2012 03:31 PM (12 years ago) | Upcoming

minus one,um....hw many more to go???

Posted: at 27-02-2012 03:32 PM (12 years ago) | Upcoming

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  :'(

Posted: at 27-02-2012 03:35 PM (12 years ago) | Newbie

what of his cases in naija?

Posted: at 27-02-2012 03:40 PM (12 years ago) | Upcoming

 

Posted: at 27-02-2012 03:43 PM (12 years ago) | Gistmaniac

When are we retrieving all the money back mr London court

Posted: at 27-02-2012 03:49 PM (12 years ago) | Gistmaniac

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

Posted: at 27-02-2012 03:50 PM (12 years ago) | Hero

aha, when did he realise that?
I thought he said he was not guilty all this time?

Posted: at 27-02-2012 03:54 PM (12 years ago) | Upcoming

 

Posted: at 27-02-2012 04:05 PM (12 years ago) | Gistmaniac

good  for him

Posted: at 27-02-2012 04:06 PM (12 years ago) | Addicted Hero

we know

Posted: at 27-02-2012 04:12 PM (12 years ago) | Gistmaniac

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