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Nairametrics
Home Business News

Former Governor James Ibori Is Back In The Country

Onome Ohwovoriole by Onome Ohwovoriole
February 4, 2017
in Business News
This Is What A Surprised Judge Told Delta State Government About The Ibori Loot
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Former Governor of Delta Sstate, Chief James Onanefe Ibori is back in the country. Ibori was released from the UK prisons after serviing half of a 13 year jail term for money laundering. He was sentenced in April 2012 for laundering nearly 50 million pounds. Ibori’s wife and mistress were also sentenced to jail terms.

Ibori was arrested in Dubai in 2010 after he fled from a similar money laundering trial in Nigeria. The Economic and Financial Crimes Commission (EFCC) is yet to issue a statement regarding Ibori’s possible arrest. The administration of President Muhammadu Buhari made fighting corruption one of its cardinal points.

James Ibori was a two term governor in oil rich Delta state from 1999-2007. He was also alleged to have funded the campaign of late president Umaru Yaradua.

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Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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