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Friday, September 20, 2013

"James Ibori gave me $15million as bribe in 2007" - Nuhu Ribadu

Desperate to halt a probe into his finances, governor James Ibori tried to bribe
former anti-corruption boss Nuhu Ribadu in 2007 with $15 million in cash in a
bag so heavy one man alone could not lift it, Ribadu told a London court on
Thursday.
Ribadu said he pretended to take the bribe because he wanted the cash as
evidence to use against Ibori in a prosecution, but rather than keep the money
for himself he had it taken straight to the Central Bank of Nigeria to be kept
safe in a vault. Continue..
Ribadu told the court that about $1 billion flowed from federal government
accounts into Delta State coffers during Ibori’s eight years in power, and he
estimated Ibori had stolen or wasted more than half of that amount.
The charges to which Ibori pleaded guilty amount to the theft of about $80
million, but British prosecutors say that was only part of his total booty, which
was kept hidden via a complex web of shell companies, offshore accounts.

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