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Wednesday, November 5, 2014

UK Set to Return Part of Ibori's Loot

The United Kingdom (UK) authorities have concluded arrangements to return part of the funds stolen by jailed former governor of Delta State, James Ibori.

It would be recalled that Ibori was sentenced at the Southwark Crown Court, London, to 13 years imprisonment after being convicted on a 10-count charge of money laundering and fraud.

The former governor pleaded guilty in February 2012 in expectation of a light sentence. Instead Judge Anthony Pitts slammed 13 years jail term on him and confiscated his properties worth billions of dollars.

Quite unfortunate that the former governor has had a bad record for long. In 1991, he was convicted of stealing from a hardware store where he was working in London. His girlfriend back then, who later became his wife was also found guilty.


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