There were strong indications at the weekend that former governor of Delta State, James Ibori, may have agreed to a plea bargain deal with the London Metropolitan Police (MET). In fact, barring any other last-minute hurdles, the deal may be signed as early as this week.
Funds Reportedly found on Ibori |
James Ibori |
Money Reportedly found in Ibori's House |
Sources revealed that the signal for the deal was first sighted when the London MET dropped its corruption charges against Ibori. Rather than rejoice over the development, a shocked Ibori was made to understand that the new case against him would dwell on money laundering.
One of the sources said: “Whereas it was decided that the corruption charges were dropped because proving the case was becoming challenging, resorting to money laundering provides an easier case to prosecute because a defendant could be found guilty once a veritable inference could be made”.
Unconfirmed reports late yesterday suggested that most of the “finer details of the deal had already been agreed upon by both the prosecuting counsel and Ibori’s lawyers”.
Ibori, having moved from Nigeria to Dubai in the United Arab Emirates, UAE, before his extradition to London for trial, was said to “be showing signs of fatigue as the case appeared to have really dealt him a heavy psychological blow as well as punched a hole in his finances”.
Whereas the case was said to have cost the British authorities huge sums of money as a result of the global investigations involved in attempting to prove the case, sources said they were, nonetheless, prepared to convict Ibori on money laundering charges. “It was this new development that compelled Ibori’s lawyers to prevail on him to accept the plea bargain deal.
“Initially, he objected but when confronted with the full implications of going ahead with the case, the resources the British authorities would have to deploy again and the man hours, he faced a more damaging penalty should he be found guilty. He was also told that since the corruption charges had been dropped, going for a plea bargain on money laundering was less opprobrious,” a source said.
“It was this line of argument from his lawyers that eventually made him to cave-in to the deal”.
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LOOTING CONTINUA!!!!!!!!!!!!!!!!!!!!!!!!!! POVERTY ACETERA!!!!!!!!!!!!!!!!!!!!!!!!!!!
ReplyDeleteYesterday Ibori was being celebrated today he is facing charges of his ill past.If only Nigerian leaders will learn to be rseponsible.
ReplyDeleteFor Christ sake, what was Ibori planning to do with such huge cash. I think he should be subjected to psychoological test, because I cannot fathom the reason of stashing away such huge sums that he (Ibori), his children, grand children and great grand children cannot finish. He should cough out the entire sum looted and same transferred to Delta State to bettter the lot of the common Deltans.
ReplyDeleteLekside say...........
ReplyDeleteYeeeeeeeee,seeeeeeeeeeeeeee moneyyyyyyyyyyyyyyy.
This people will kill Nigeria o.But God will deliver us from them all.Tax payers' money.It's a pity.It's not only Ibori,past & present people in Govt.,Our God,will expose them in their attempts to cover-up.IJN
abeg were all this moni come out from,abi ibori get machine for printing money.nawaooooo,wonders shall never end.
ReplyDeleteWhere did he get all this money from? The entire Delta allocation through out Ibori's tenor couldnht have been as much as this stash, and its all Benjamins.
ReplyDeleteNaija. You are trully cursed
The sight of all the money just makes one sick
ReplyDeleteHow on earth could an individual stack soo much cash at home
He must be mad
Saying this, I'm sure he is not the only one and he is still small compared to many others who are even still doing it now
There philosophy is: na the person wey dem catch dem catch o! They never catch me so until them...
this is CRAZZYYY! I can beleieve what is happening here, if leaders in developing countries were stealing their money like this in quantum, would they have achieved this much.
ReplyDeletemoreso, this is revealing cos, Ibori was nabbed how about others that were not seen, or yet to be nab, ok put in this way. if all the state governor steal this amount of money multiply by 36 states will there be any money left in this country to provide just for basic services.
I pray that God will expose all of them publicly so that others will learn.