United Kingdom Moves To Confiscate £117m Properties Linked To Former Delta Governor, Ibori
The United Kingdom has moved to confiscate proceeds of loot in the £117m worth of properties linked to James Ibori, former governor of Delta State, as he appeared in court on Thursday via video link.
Ibori, who governed Delta from 1999 to 2007, had reportedly pleaded guilty at London’s Southwark Crown Court in 2012 to 10 counts of fraud and money-laundering, and thereafter, received a 13-year jail sentence.
According to London’s Metro newspaper, prosecuting counsel, Jonathan Kinnear, listed assets laundered by the former governor.
Kinnear said the London Metropolitan Police found that Ibori used the money he stole from Delta State to buy six houses in London.
He paid £2.2m in cash for one of those mansions in tony Hampstead.
He also bought a £13m jet, a £600,000 fleet of Range Rovers, and a £120,000 Bentley.
Ibori put his children in expensive British private schools while sharing the stolen funds with his wife, sister and mistress.
He also traveled all over the world, staying in the most expensive hotels and spending lavishly in luxury stores.
But Ivan Krolick representing Ibori, said his wealth was down to being a ‘successful businessman’.
In 2018, the Economic and Financial Crimes Commission said Ibori was fighting tooth and nail to stall the confiscation of those assets.
The anti-graft commission also accused him of employing media propaganda to paint himself as a victim of persecution.
CSU Finally Releases Tinubu’s School Records To Atiku
How Former Oil Minister Diezani ‘Took Bribes Worth Millions of Pounds’
BBNaija All Stars: Ilebaye Wins Big Brother Naija All Star Season
Lil Tay Breaks Silence After 5 Years, Alleges Abuse, Sexual Misconduct by Father and His Wife
U.S. Court Orders CSU to Release Tinubu’s Academic Records to Atiku
Subsidy Removal: Tinubu approves 6 month Provisional Wage Increment For Workers
100 Happy New Month Of October 2023 Wishes, Messages, Prayers and Quotes
Nigeria@63: Tinubu to address Nigerians on Sunday
Polish opposition leader Donald Tusk seeks to boost his election chances with a rally in Warsaw
How a Church Bus Was Hijacked by Gunmen in Ondo State
Nigerian Tourism Minister Lola Ade-John Poisoned in Abuja Battles for Life
AKMODEL Homes And Properties To Launch Mega Double Estate
Breaking! Sam Larry In Police Net Over Mohbad’s Death
AlphaSense: The AI Platform That Powers Business Intelligence and Search
Mohbad Gave His Life For Others To Rise – Favour Benson