Former Governor of Delta State, James Ibori, who was jailed in Britain for laundering tens of millions of dollars in stolen public funds through British banks and property yesterday lost an appeal against his London conviction.
A report by Reuters said the court of Appeal’s ruling against Ibori is a relief for the British authorities at a time when they are trying to stem the flow of illicit funds from overseas through London.
Ibori had pleaded guilty in a London court in 2012 to 10 count charges of fraud and money laundering involving about 50 million pounds ($66 million).He got a 13-year jail sentence for which he served half of the term, as is common in the British system and is now back in Nigeria.
Anti-corruption campaigners commended the ruling as a milestone for…
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