Post date: Apr 16, 2012 10:15:35 PM
Nigerian ex-governor James Ibori is in London for sentencing after pleading guilty to charges of corruption for stealing millions of dollars from the coffers of Nigeria's Delta state.
(METROPOLITAN POLICE HANDOUT VIA ITN - A British prosecutor on Monday (April 16) charted the extraordinary rise of James Ibori from a petty thief in London to a powerful governor in Nigeria, describing a web of bogus firms he used to buy mansions and luxury cars in Britain with his stolen millions.
Ibori, who was governor of the oil-producing state of Delta in southern Nigeria from 1999 to 2007, has pleaded guilty to 10 corruption charges, admitting he stole approximately 50 million pounds (79 million U.S. dollars) from Delta state's coffers.
The case is being avidly followed in Nigeria, Africa's most populous nation, where Ibori used his clout and wealth as governor of Delta to position himself as a power-broker in national politics.
He is the most high-profile Nigerian politician to be successfully prosecuted for corruption, a problem that has blighted the country since independence from Britain in 1960.
Prosecutor Sasha Wass at the start of Ibori's two-day sentencing at Southwark Crown Court in London launched into a detailed account of how he acquired a Bentley, a Jaguar, a Maybach 62 and a portfolio of six foreign properties including mansions in England, the United States and South Africa.
The main charges to which he pleaded guilty on Feb. 27 were money-laundering and conspiracy to defraud, for which the maximum penalties are 14 and 10 years in prison respectively.
Judge Anthony Pitts is expected to hand down Ibori's sentences on Tuesday (April 17).
British member of parliament and chairperson of the all party Nigeria Group, Meg Hillier, welcomed the sentencing of Ibori.
"The fact that this has happened I cannot stress how significant this is because this man was a powerful governor of Delta State and he has now been brought to book and it shows that no one is untouchable," she said.
London's Metropolitan Police, which has been investigating him since 2005, estimates he embezzled at least 150 million pounds during his eight-year tenure.
An attempt by Nigeria's home-grown anti-corruption force to prosecute Ibori after he stepped down was unsuccessful, but he was arrested in 2010 in Dubai on a British warrant and extradited to London a year later.
Ibori's criminal career started small, when he was caught in 1991 stealing from a till while working as a cashier at Wickes, a home improvements store, in London. In 1992, he was convicted again, this time for handling a stolen credit card.
Ibori then returned to Nigeria where he became involved in politics.
Wass said that in 1996, he fraudulently changed his year of birth in his passport from 1962 to 1958 to make it harder for anyone to uncover his UK criminal convictions.
If disclosed, they would have disqualified him from running for state governor in 1999.
As a founding member of the People's Democratic Party (PDP), which has ruled Nigeria since the 1999 transition from military to civilian rule, Ibori swiftly established himself as a rich and powerful figure in the new ruling elite.
Officially, his salary as governor was 4,000 pounds a year, but within two years of taking office Ibori paid 2.2 million pounds in cash for a house in upmarket Hampstead in north London.
Other properties purchased later included a country mansion in Dorset, southwest England, close to Port Regis, the private school where his three daughters were being educated.
The Jaguar and Bentley were kept at his Hampstead house, while the Maybach 62 was shipped to his South African address.
In 2007, when British police froze some of Ibori's assets in a London court, he was attempting to purchase a private Bombardier Challenger jet worth 20 million U.S. dollars for his private use.
In 2010, Ibori's wife, mistress, sister and lawyer were convicted and sentenced to prison terms during two separate trials in London for their role in helping him launder his money.
Robert Palmer, of anti-corruption group Global Witness, who was in court during Monday's proceedings said:
"James Ibori was able to bring millions of pounds of his lucid funds through British banks to buy British houses to send his children to British schools using a British solicitor. The UK has helped to facilitate his money laundering and his corruption by allowing him to bring his assets into the country."
Ibori and his associates used a baffling array of shell companies registered in places like Gibraltar or the Virgin Islands to siphon money to and from bank accounts in Nigeria, Britain, Switzerland, the United States and elsewhere.
One Barclays account held at a branch in Knightsbridge, a upmarket area of London, was used to deposit wads of cash that over time amounted to over one million pounds. Other international banks named by Wass in her detailed account of Ibori's transactions included HSBC, Citibank and Schroders.