Ibori pleads guilty to money laundering charges In London court

James Ibori

Former governor James Onanefe Ibori of Delta State today entered a guilty plea before a Southwark Crown Court in London where he was being tried on fraud and money laundering charges.

Mr. Ibori pleaded guilty to 10 counts of fraud, money laundering and corrutption charges before Judge Anthony Pitts.

Mr. 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 state.

Mr. Ibori faces up to 10 years in UK prison during sentencing, which will take place after the completion of the trial of his accomplice and financial advisor, Elias Preko, a Ghanaian national.

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 Mr. 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.

SOURCE: Saharareporters.com

 

 

 

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.