Ibori Makes U-Turn; Pleads Guilty To Money Laundering Charges In London Court!

Former Delta State Governor, Chief James Onanefe Ibori on Monday entered a guilty plea before a Southwark Crown Court in London where he is facing charges on money laundering and fraud. Ibori entered a guilty plea when he was arraigned before Judge Anthony Pitts.
His guilty plea marks the closure of a long judicial and political saga concerning his massive money laundering activities during his eight year rule as Governor of Delta State.

Ibori faces up to ten years in prison and sentencing will take place after the trial of his accomplice and financial adviser, Elias Preko, a Ghanaian.

Judge Pitts has ordered that the remaining charges would remain on file.

Street Journal also gathered that some of the corruption charges against the former Governor have been dropped by the United Kingdom’s CPP prosecution since the London Metropolitan Police did not get the full cooperation of the Nigerian Government regarding further proof that could indict Ibori.

It will be recalled that a Nigerian court quashed all the charges of corruption levelled against the former Governor and gave him a clean bill. He was however arrested by Interpol in Dubai after which he was transferred to England in 2011.



Author: NewsAdmin

4594 stories / Browse all stories

Related Stories »

Provide your email below, and we will notify you the latest news freely.


calendar »

February 2012
« Jan   Mar »