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London Metropolitan Police freezes Ibori's assets worth 20 million pounds

August 2, 2007

A British High Court in London yesterday froze assets belonging to Chief James Onafefe Ibori, the former governor of Delta State.


Saharareporters had consistently reported that the ex-governor was wanted for money laundering in the UK. Though the Metropolitan Police was yet to discuss the full details of the assets frozen, saharareporters gathered that it was worth more than 20 million pounds, assets frozen includes landed properties and a brand new aircraft.

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However a statement from Garreth Greene at the Press Bureau of the Metropolitan Ploice in London stated that On 12.04.06 officers from the Specialist Crime Directorate, Economic Crime Unit, arrested three women in relation to  the James Ibori money laundering investigation.Though they declined to mention their names, they gave their age as 37 years, 49 years and 42 years respectively. The statement further stated that warrants were executed at two address in June 2006 in connection with the investigations. The three women, said to be central to the investigation are expected back in court in September 2007.

This action is a culmination of efforts by the EFCC and the Metropolitan Police in London to bring the ex-governor to justice for crimes of money laundering and corruption.

Chief James Ibori is currently in meetings with Umar Musa Yar'adua to discuss his travails.

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James Ibori is on the protocol list of the Presidency in Aso Rock, with gives him unfettered access to the seat of power having sponsored the current occupant of the presidency, Umar Musa Yar'adua to the tune of N10 billion from the coffers of Delta State government.

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