{"id":6571,"date":"2020-04-08T21:01:05","date_gmt":"2020-04-08T21:01:05","guid":{"rendered":"http:\/\/nigeriastandardnewspaper.com\/ng\/?p=6571"},"modified":"2020-04-08T21:01:05","modified_gmt":"2020-04-08T21:01:05","slug":"no-hide-out-for-corruption-we-are-ready-to-confiscate-the-stolen-sum-of-117-million-pounds-153-million-seized-from-james-ibori-a-convicted-nigerian-politician-british-prosecutor-case-a-r","status":"publish","type":"post","link":"https:\/\/nigeriastandardnewspaper.com\/a\/no-hide-out-for-corruption-we-are-ready-to-confiscate-the-stolen-sum-of-117-million-pounds-153-million-seized-from-james-ibori-a-convicted-nigerian-politician-british-prosecutor-case-a-r\/","title":{"rendered":"NO HIDE-OUT FOR CORRUPTION:  &#8216;We are ready to Confiscate the stolen sum of  117 million pounds ($153 million) seized from JAMES IBORI, a convicted Nigerian politician&#8217;-British prosecutor * Case, a rare example of a prominent Nigerian politician being punished for part in the endemic corruption that has blighted Africa&#8217;s most populous country for decades * Restarting the process at Southwark Court, prosecution counsel Jonathan Kinnear list assets  Britain is seeking to seize from former Delta state governor and return funds  to Nigeria * Ibori as a young shop assistant in a branch of home improvements chain Wickes in London, was caught trying to steal from the store and convicted of theft   *BY CHIOMA ELEBUWA\/CRIME REPORTER, London"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"http:\/\/nigeriastandardnewspaper.com\/ng\/wp-content\/uploads\/2020\/04\/ibori-1.jpg\" alt=\"\" class=\"wp-image-6572\" width=\"588\" height=\"414\" srcset=\"https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-1.jpg 968w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-1-300x211.jpg 300w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-1-768x540.jpg 768w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-1-860x605.jpg 860w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"http:\/\/nigeriastandardnewspaper.com\/ng\/wp-content\/uploads\/2020\/04\/ibori-2.jpg\" alt=\"\" class=\"wp-image-6573\" width=\"588\" height=\"373\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"http:\/\/nigeriastandardnewspaper.com\/ng\/wp-content\/uploads\/2020\/04\/ibori-3-1024x538.jpg\" alt=\"\" class=\"wp-image-6574\" width=\"588\" height=\"308\" srcset=\"https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-1024x538.jpg 1024w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-300x158.jpg 300w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-768x403.jpg 768w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-1536x806.jpg 1536w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-2048x1075.jpg 2048w, https:\/\/nigeriastandardnewspaper.com\/a\/wp-content\/uploads\/2020\/04\/ibori-3-860x452.jpg 860w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NO\nHIDE-OUT FOR CORRUPTION:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>&#8216;We\nare ready to Confiscate the stolen sum of  117 million pounds ($153\nmillion) seized from JAMES IBORI, a convicted Nigerian\npolitician&#8217;-British\nprosecutor<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>*\nC<\/strong><strong>ase,\na rare example of a prominent Nigerian politician being punished for\npart in the endemic corruption that has blighted Africa&#8217;s most\npopulous country for decades<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>*\nRestarting the process at Southwark Court, prosecution counsel\nJonathan Kinnear list assets  Britain is seeking to seize from former\nDelta state governor and return funds  to Nigeria<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>*\nIbori as a young shop assistant in a branch of home improvements\nchain Wickes in London, was caught trying to steal from the store and\nconvicted of theft<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>  <em>*\nBY CHIOMA ELEBUWA\/CRIME REPORTER, London<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IN\nA BID TO FIGHT CORRUPTION AMONG POLITICIANS FROM AFRICA, the British\ngovernment has launched a fresh attempt on Thursday to confiscate\ntens of millions of pounds stolen from an oil-producing state in\nNigeria by its former governor, JAMES IBORI who was convicted of\nlaundering his loot in Britain.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">James, who was governor of\nDelta State from 1999 to 2007, pleaded guilty at London&#8217;s Southwark\nCrown Court in 2012 to 10 counts of fraud and money-laundering. He\nreceived a 13-year jail sentence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The\ncase was a rare example of a prominent Nigerian politician being\npunished for his part in the endemic corruption that has blighted\nAfrica&#8217;s most populous country for decades. Since then, several other\nNigerian former state governors have been convicted in their own\ncountry.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Having served half of his\nsentence in pre- and post-trial detention, Ibori was released from\njail in December 2016 and is now back in Nigeria. In 2013, a first\nattempt was made in Britain to confiscate his assets, but it was\naborted after three weeks of hearings because of unresolved legal\ndisputes.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"British Prosecutor Moves To Confiscate James Ibori\u2019s Loot\" width=\"1170\" height=\"658\" src=\"https:\/\/www.youtube.com\/embed\/lkHYtwplXGY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Then the confiscation process\nwas stalled for several years while Ibori and several of his\nassociates, who had been convicted for their roles in laundering his\nmoney, appealed unsuccessfully against their convictions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Restarting the process at\nSouthwark on Thursday, prosecution counsel Jonathan Kinnear began\nlisting assets that Britain seeks to confiscate from Ibori and return\nto Nigerian public funds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The\ntotal value of the known proceeds of his crimes came to 117 million\npounds ($153 million), he said. However, only a portion of that sum\nis likely to be recoverable.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During his time in office,\nIbori, 57, amassed a portfolio of luxury properties in Nigeria,\nLondon, Washington, Houston and Johannesburg. He traveled all over\nthe world, staying in the most expensive hotels and spending lavishly\nin luxury stores.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Ibori Started As A Petty Thief In London\" width=\"1170\" height=\"658\" src=\"https:\/\/www.youtube.com\/embed\/_QBj6X7qJYA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">His lifestyle during those\nyears was a far cry from his modest beginnings in life. As a young\nman, he had worked as a shop assistant at a branch of the home\nimprovements chain Wickes in London, where he was caught trying to\nsteal from the store and was convicted of theft.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Britain&#8217;s National Crime\nAgency estimates that around 1 billion pounds in dirty money moves\ninto or through the United Kingdom every year. Ibori is one of the\nonly ultimate beneficiaries of such practices to have been convicted.\nThe case is expected to last around four weeks.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>Support\nNAIJA STANDARD\nNEWSPAPER&#8217;S\njournalism of integrity and credibility<\/strong><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">\n<strong>CERTAINLY, <\/strong><strong>Good\njournalism costs a lot of money. Without doubt, only good journalism\ncan ensure the possibility of a good society, an accountable\ndemocracy, and a transparent government. We are ready to hold every\ncorrupt government accountable to the citizens.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n<strong>To\ncontinually enjoy free access to the best investigative journalism in\nNigeria, we are requesting of you to consider making a modest support\nto this noble endeavour.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n<strong>By\ncontributing to<\/strong><strong>\n<\/strong><strong>NAIJA\n<\/strong><strong>STANDARD\nNEWSPAPER<\/strong><strong>,\nyou are helping to sustain a journalism of relevance and ensuring it\nremains free and available to all without fear or favor.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n<strong>Your\ndonation is voluntary \u2014 please decide how much and how often you\nwant to give.  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