Saturday, October 26, 2013

Court Awards Ibori’s $15m To FG



Its not like the money will be even spent on Nigerians. Most likely will be siphoned by one or two individuals.

A Federal High Court in Abuja on Friday ruled that the $15 million a former Delta State Governor, James Ibori, allegedly used to bribe an anti-corruption chief be handed over to the Federal Government.

The judge, Gabriel Kolawole, berated the Delta State Government for demanding that the money be returned to the state without providing evidence that Mr. Ibori did steal the money from the state.

"With utmost sense of responsibility as a judicial officer, to view the stiff resistance mounted by the Delta state government and its official as one which border on the state's acquiesce in the looting of its own fund or at best, as that of collaborators with its erstwhile governor on issue of $15 million allegedly offered to former EFCC chairman, Nuhu Ribadu as bribe," Mr. Kolawole said

Mr. Kolawole ordered that the money be immediately paid to the coffers of the appropriate authority of the Federal Government of Nigeria where earnings such as this are kept in the ordinary course of official business. He also said that the forfeited money be captured in the federal government's 2012 – 2013 earnings to address specific needs of the Nigerian people.

Mr. Ibori is currently serving a jail term in the U.K. for money laundering, although he is yet to be convicted by any Nigerian court for corruption.

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