FG confiscates $15 million bribe Ibori purportedly offered Ribadu Reviewed by Momizat on . A Federal High court sitting in Abuja on Tuesday granted an interim order for the forfeiture of the sum of $15 million being bribe money former governor of Delt A Federal High court sitting in Abuja on Tuesday granted an interim order for the forfeiture of the sum of $15 million being bribe money former governor of Delt Rating:
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FG confiscates $15 million bribe Ibori purportedly offered Ribadu

A Federal High court sitting in Abuja on Tuesday granted an interim order for the forfeiture of the sum of $15 million being bribe money former governor of Delta State, James Ibori allegedly offered to former chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu.

The court, presided over by Justice Gabriel Kolawole, also ordered the EFCC to publish the interim forfeiture order in a national newspaper to enable anyone who is interested in the money to come before the court within 14 days and show cause why the final order of forfeiture should not be made in favour of the Federal Government.

The orders made by the court was sequel to an exparte motion brought by the government pursuant to section 17(1), (2), (3) and (4) of the Advanced Fee Fraud and other Fraud related activities Act number 14 of 2006.

The Federal Government, represented by Rotimi Jacobs, in the motion argued that the cash in the sum of $15 million was received by the officers of the anti-graft agency from an undisclosed agent of the former Delta state governor in 2007 as a bribe to compromise their investigation.

Mr Jacobs said that the Commission deposited the said cash into the strong room number 1 of the Central Bank of Nigeria on 26th April, 2007 and that Mr Ibori had since denied giving the bribe to the EFCC or any of its officers.

He also stated that the money had since remained unclaimed since April 2007 till date and had remained dormant in the apex bank’s strong room.
The Federal Government in an affidavit deposed to one Bello Yahaya, a police officer attached to the EFCC stated that the money, if left untouched and unspent in the state it was kept in the apex bank’s strong room since April, 2007, may eventually be destroyed, defaced, mutilated and become useless.

The Federal Government further argued that it is in the interest of justice to, in the interim, make an order of forfeiture to it and allow a publication to be made in a chosen national newspaper to alert any interested member of the public to come out within 14 days to show their interest, failure to which the court will make an order of final forfeiture in government’s favour.

Ibori forfeits $3 million to US

Meanwhile a United States (U.S.) court on Monday seized asset worth $3 million belonging to former Delta State governor, James Ibori.

The seizure was announced through a statement by an Assistant Attorney General at the Criminal Division of the U.S. Department of Justice (DOJ), Lanny Breuer; and a Director of Immigration and Customs Enforcement (ICE), John Morton.

The asset, believed to be proceeds of corruption, seized from Mr Ibori are a mansion in Houston and two Merrill Lynch brokerage accounts. The case is part of the Justice Department’s Kleptocracy Asset Recovery Initiative.

“Instead of working to benefit the people of the Nigerian Delta, Governor Ibori pilfered state funds and accumulated immense wealth in the process,” Mr Breuer said.

“He conspired with Mr. Gohil (his British Lawyer) to funnel millions of dollars in corruption proceeds out of Nigeria and into bank accounts and assets maintained in the names of shell companies and nominees. “

The U.S. District court of Columbia approved the seizure on May 16, 2012, following an application from a UK court.

The ex-governor is already serving a 13-year jail term in the UK after he was convicted for money laundering and conspiracy to defraud.

Mr. Gohil was also convicted, in November 2010, of money laundering and prejudicing a money laundering investigation; and was sentenced by a UK court to 10 years in prison.

Mr. Morton, the ICE director descried Mr. Ibori’s case as “a warning to those corrupt foreign officials who abuse their power for personal financial gain and then attempt to place those funds in the U.S. financial system.”

He said his agency will collaborate with other US authorities to deny these corrupt public officials “the satisfaction of their illegal earnings.”

The statement also called on members of the public, anywhere in the world, to report any public official suspected of keeping stolen funds in the U.S.

“Individuals with information about possible proceeds of foreign corruption located in or laundered through institutions in the United States should contact federal law enforcement or send an email to kleptocracy@usdoj.gov,” it stated.

 

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  • http://www.facebook.com/people/Femi-Omo-West/100002948753180 Femi Omo-West

    I hope forfeiture does not mean that these foreign countries are keeping the money. We know Ibori stole from Delta state. So the monies should be returned to the state.

  • http://profile.yahoo.com/KCFCIIC2ZIKS5Y5LPUK7JMK7TE Plasma

     15 million dollars cash since 2007 and the money is still there. Common 500,000 was given to FL yesterday. And he has blown it.
    Please how does someone cash 15 million dollars?

  • 01470

    this man has been sentence to jail can’t you people leave this man for once, there are politicials who did more than what Ibori did nothing happened to them why should Ibori own look like the worst pls make una leave Ibori alone, with all this james Ibori still remain the best governor delta state has ever produce because i’m from delta state i know what i’m talking about ok

    • http://profile.yahoo.com/BJRMM5XNWIOGZU2CANUVR2FXZA wang

      the only thing I can say is that 01470 should be investigated. Infact Ibori should be tried when he finalizes the 13yrs jail term in UK. He should be charged for the bribe money issued to Ribadu when he was the efcc boss. Stealing public funds have led to degradation of infrastructures thereby making majority of nigerians jobless. Making them become theives, killers for politicians and con artist.

      Please, check yourself and do not talk when you do not know how to talk.

      • 01470

        your father did not know how to talk, if i know that is ignorant people like u that is in this site i would not have registered fools. for the fact that ibori stole money from delta what he did in his 8 years i office which governor in the history of delta state have done that fool, even what your currently governor is doing right now james ibori started them all he has not even started a project of his own animals like u people, are they not other politcials that stole more than what ibori did. if not for ibori did u as common know man know the worth of delta state fool

    • sighorue

      The biggest problem with Nigeria is ignorant people like you. You must hang your head in shame for making such comments. Any wonder why Nigeria is going down the drain. With people like you, there is no hope for Nigeria,

      • 01470

         your father is an ignorant man, you can’t even think as a better person you animal what do you know about delta state. why not your father come out as a governor and do more better than ibori fool like u

      • 01470

         your father is ignorant not me, u can’t even think as a better person animal like u, you can’t even spell the name of your currently governor correctly you are calling some body ignorant fool

  • ademolaadetunji

    Delta State should show interest in claiming the money back.It si their money. But my bet is if the governor will have the liver to do so after all he was the state chief law officer during Mr Ibori kleptomaniac years.

  • http://pulse.yahoo.com/_JUXMNX7RGATSADHG6SQZNBEXF4 Adebayo

    But Delta State government and people worshipped Ibori as saviour except for the lone voice of Papa Clark and he too not before their relationship went sour. Who say that Dr Uduaghan would not find a way of getting the money back to the ‘thief in government house’. After all, we are told they are first cousins and we know he was his SSG. Let the FG set up a trust that should identify and finance projects in Delta State with the money. And who say  Ibori should be left alone!! Maybe the person is right; after all, known thieves like Ibori are walking the street free and some of them are in the senate, criminals and rogues masquerading as distinguished would be havens for corrupt enrichment. In other climes, he would face charges and possible imprisonment on his return to Nigeria after serving out his sentence in the UK. He may be lucky though to have the kind of adjudication that pronounced him never a convict that he really has been not just once but twice nor the thief that he really is.

  • DavisOmon

    Please return the money to Delta state the rightful owner of the money ;but who gets the money? because there are more corrupt Iboris in Delta state today than before who will readily siphon the money to Russia or China where corruption is at its peak 

  • http://www.facebook.com/abayomi.tolu.96 Abayomi Tolu

    the order of forfeiture should n’t have been given in favour of the FG, i think the whole of us know that Ibori did not work for the FG but, Delta state of Nigeria. Then, i think this loot belong to this state not not the FG. So, in this case justice should done, not only for the money kept in Nigerian Apex bank but, also those stark abroad. The issue of sincerity of the former EFCC chiar again is brought to the fore. Nuhu, was at least an integrity man.

  • sighorue

    01470, you must really be out of your mind to suggest that Ibori should be left alone. Who has biwitched you, cant you see what $15m dollars could have provided, good roads, good functional hospitals, good water, solid educational infrastructure as well as elevating the current unemployment menace that facing Delta state. That is the money that you and I, together with our great, great grand children have been deprived of in terms of good education, free access to good medical care, good network of road, connecting all the rural areas resulting mass employment of our under graduates.

    It will be unwise for the court to rule that this money should be returned to the federal coffers. This funds actually belong to Delta state and as such should be returned to where it belongs. We all know that if this money is returned to Udiaghan, it will not be accounted for.

    For peace of mind for all Deltans, this money should be returned, but lodged in a special interest yielding account until the tenure of the current governor has ended. Can you imagine if $15m dollars is yielding interest (say 5%pa) from now till 2016, the interest alone will be enough build and maintain a fuctional hospital with modern equipment for the foreseeable future. The state chief justices should be putting this case forward to the courts to prevent them returning the money to FG account.

  • http://www.facebook.com/ajogun Ayo Ajogun

    The US government seized the money and advised others to alert it of other stolen property? Now why would a government interested in the welfare of Nigeria seize that instead of returning it to Nigeria? Does it mean they were not aware when the money for the property was stolen or they kept quiet and encouraged them so that they might seize the assets? Oh wonderful Americans!  They sure know how to partake in looted assets while punishing the thief and at the same time keeping the loot.

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