Home Exclusive James Ibori Released From U.K Prison, Re Arrested

James Ibori Released From U.K Prison, Re Arrested

by Our Reporter

Former governor of Delta State, James Onanefe Ibori has completed his
prison terms in the United Kingdom. But he is yet to be a free man, as he
was immediately re-arrested.

TheNEWS learnt that Ibori jailed 13 years in April 2012 by a Southwark
Crown court in London was released by prison authorities on 22 January.

He was released from Her Majesty’s Prison in Bedford, outside of London,
where he finished his prison term. He was also initially at the Long
Lartin Prison in Worcestershire.

“He is out of here”, a prison source at Bedford confirmed on Tuesday night.

Our sources said Ibori was re-arrested to face another charge, which
borders on the confiscation of his ill-gotten assets, estimated to be
about 250 million pounds. The case initially billed for May, will now come
up in June, sources told us this afternoon.

We cannot however confirm Ibori’s new prison.

Fifty-seven year old Ibori was jailed for using UK financial institutions
to launder hundreds of millions of pound sterling he stole from public
funds in Delta State.

His journey to jail began with his arrest On 13 May 2010 in Dubai, United
Arab Emirates under Interpol arrest warrants, issued from United Kingdom
courts and enacted by the Metropolitan Police.

He had earlier made a mockery of Nigeria’s legal system, walking away free
from the multi-billion fraud charge levelled against him by the Economic
and Financial Crimes Commission, including the $15 million bribe he
offered the then EFCC chairman, Nuhu Ribadu.

Ibori’s case and extradition became one of the longest, most complex and
expensive operations mounted by Scotland Yard in recent years.

Prosecutors alleged that companies owned by Ibori and his family were
beneficiaries from the sale of state assets, including shares in Econet, a
GSM telephone operator, as well as crude oil deliveries.

Before his conviction, UK juries two years earlier found James Ibori’s
sister, Christine Ibie-Ibori and his mistress, Udoamaka Okoronkwo, guilty
on counts of money laundering, in a verdict delivered at the Southwark
Crown Court, London.

On 27 February 2012, Ibori himself was docked, accused of stealing US$250
million from the Nigerian public purse. He pleaded guilty to ten counts of
money laundering and conspiracy to defraud. Among possessions confiscated
were a house in Hampstead, north London, for £2.2million, a property in
Shaftesbury, Dorset for £311,000, A £3.2m mansion in Sandton, near
Johannesburg South Africa , a fleet of armoured Range Rovers valued at
£600,000,a £120,000 Bentley Continental GT, A Mercedes-Benz Maybach bought
for €407,000 cash, that was shipped direct to his mansion in South Africa

After the sentencing hearing, Sue Patten, head of the Crown Prosecution
Service central fraud group, said it would bid to confiscate the assets
Ibori had acquired his riches “at the expense of the some of the poorest
people in the world.

Also jailed with him apart from his sister and mistress were his wife,
Theresa Nkoyo Ibori, his lawyer, Bhadresh Gohil and his financial
advisors, Daniel McCann and Lambertus De Boer.

While in prison, Ibori continued to exercise a lot of influence on the
politics of his Delta state, with the present governor, Ifeanyi Okowa,
regarded as one of his disciples.

Dr Emmanuel Uduaghan, two term governor of the state, who succeeded him in
2007 is his uncle.

Born in Oghara, 57 years ago, the young James Onanefe Ibori was educated
at Baptist High school, now Oghareki Grammar School. From there, he went
to the University of Benin, where he studied economics and statistics.
After his university education, he moved to the United Kingdom, where he
worked at Wickes DIY, married his wife, Theresa and tainted his record
with two convictions for theft and credit card fraud, that were to later
haunt his political career in Nigeria.

He became governor of Delta state in 1999 and held forte for eight years.

PM News

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