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| James Ibori |
His sentence was announced at about 3.20pm today by Judge Anthony Pitts.
Before sentencing, the Judge told Ibori that his sentencing would not be the end of the matter as his property will be confiscated, and there will be serious consequences if that process runs into problems.
James Ibori had earlier pleaded guilty to a number of corruption and money laundering charges against him put at about $250million before Judge Pitts. This includes the V-Mobile and Bombardaire scams which amounted to $50million. Ibori and Victor Attah, former Akwa Ibom state governor also formed a phantom company called ADF to siphon US$37.5million from Delta and Akwa Ibom states’ shares in V-Mobile. He was accused of embezzling these funds during his tenure as governor and using most of them to live a lavish lifestyle and acquire property and assets around the world.
Do you think his incarceration is justified? Considering others who looted much more than he walking around freely! What's your take?
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