Former Governor of Delta State, James Ibori, today pleaded giulty to 10
counts of money laundering, fraud, conspiracy to defraud, and other
offenses in a London court. He pleaded guilty to stealing over $250
million in public funds.
Britain's
Department for International Development said today that Ibori
“systematically stole funds” during his two terms as governor and
deposited the money in bank accounts around the world. It says the money
he stole was equal to $60 for every person in Delta state, and that
the money could have provided education or clean water for more than
400,000 poor Nigerians. And they've promised that the money stolen by
Ibori will be returned to Nigeria's poorest people.
With this plea, Ibori faces up to 10 years in a UK prison at his
sentencing, which will happen after the trial ends. Goodluck and
Goodbye!
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