Tuesday, 30 November 2010

Nigeria: Ibori's wife convicted on money-laundering charges

A jury at Southwark Crown Court in London (UK) has found Theresa Nkoyo Ibori – the wife of former Delta State governor James Ibori – guilty on two counts of money-laundering charges brought against her. While she is yet to be sentenced, the usual jail-term for the offences she has been convicted of is between two and five years.

UK lawyer Bhadresh Gohil – who was standing trial along with Mrs Ibori for similar offences – was also found guilty of the charges brought against him. They have both been remanded in custody. However, Gohil is expected to be sentenced only after the conclusion of a related trial involving the laundering of the proceeds from the sale of shares in telecommunications company V-Mobile by James Ibori, Henry Imasekha, David Edevbie and former governor of Akwa Ibom State Victor Attah.

Their trial is expected to commence on 29th November 2010 in London. Ibori is presently in detention in Dubai, awaiting the outcome of a hearing on his extradition to the UK. The convictions of Mrs Ibori and Gohil represent the third and fourth in money-laundering cases involving Ibori and his associates.

A few months ago, Ibori's sister Christine Ibori-Ibie and his associate Udoamaka Okoronkwo-Onuigbo were convicted and sentenced to prison terms for related money-laundering offences.

For more news and expert analysis about Nigeria, please see Nigeria Focus and Nigeria Politics & Security.

© 2010 Menas Associates

No comments:

Post a Comment