Wednesday, April 18, 2012

Nigeria: Ibori Jailed 13 Years in Britain: By Andrew Walker and Ibrahim Chonoko, 18 April 2012 James Ibori. (Photo Courtesy Vanguard ) London — A British court sentenced former Delta State governor James Ibori to 13 years in prison yesterday after he pleaded guilty to embezzling N12.6 billion. He pleaded guilty in February to 10 charges of fraud and money-laundering committed during his eight years asgovernor. Reflecting the sheer scale of the fraud whichIbori has admitted, Judge Anthony Pitts said at the end of the two-day sentencing at Southwark Crown Court in London: "None of the sentencing guidelines even come close to the amounts in your case." "During those two terms (as governor) youturned yourself in very short order indeed into amulti-millionaire through corruption," he added. Pitts said it was one of the biggest money-laundering cases seen and that the 50 million pounds Ibori had admitted to stealing may be a "ludicrously low" fraction of his totalbooty. "The figure may be in excess of 200 million pounds, it is difficult to tell. The confiscation proceedings may shed some further light on the enormity of the sums involved," he said. If he hadn't changed his mind and pleaded guilty Ibori could have been sentenced to 24 years in

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