A
former Nigerian governor pleaded guilty in a British court on Monday to
laundering millions of dollars through British channels. James Ibori,
who was governor of the impoverished, though oil-producing, Delta State
from 1999 to 2007, pleaded guilty to 10 counts of money laundering,
fraud and related offenses. The police estimated that he embezzled $250
million of public funds. Mr. Ibori remains in custody and will be
sentenced in April, a rare case of a Nigerian official being held
accountable for corruption, which is endemic in Nigeria. British
authorities said they would confiscate his assets and return them to the
people of Delta State.
Thursday, March 1, 2012
Britain: Nigerian Ex-Governor Guilty of Money Laundering
Britain: Nigerian Ex-Governor Guilty of Money Laundering - NYTimes.com
A
former Nigerian governor pleaded guilty in a British court on Monday to
laundering millions of dollars through British channels. James Ibori,
who was governor of the impoverished, though oil-producing, Delta State
from 1999 to 2007, pleaded guilty to 10 counts of money laundering,
fraud and related offenses. The police estimated that he embezzled $250
million of public funds. Mr. Ibori remains in custody and will be
sentenced in April, a rare case of a Nigerian official being held
accountable for corruption, which is endemic in Nigeria. British
authorities said they would confiscate his assets and return them to the
people of Delta State.
A
former Nigerian governor pleaded guilty in a British court on Monday to
laundering millions of dollars through British channels. James Ibori,
who was governor of the impoverished, though oil-producing, Delta State
from 1999 to 2007, pleaded guilty to 10 counts of money laundering,
fraud and related offenses. The police estimated that he embezzled $250
million of public funds. Mr. Ibori remains in custody and will be
sentenced in April, a rare case of a Nigerian official being held
accountable for corruption, which is endemic in Nigeria. British
authorities said they would confiscate his assets and return them to the
people of Delta State.
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