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May 9th, 2012 
FAKE NEWS for the Zionist agenda As governor of the oil-rich Delta state in Nigeria, James Ibori’s salary was only $6000 a year, yet he managed to afford luxury properties, fleets of Rolls Royces, a Bentley and a Maybach, first class travel, private boarding school fees and a private jet worth $20 million.
In April, accused of money laundering, Ibori pleaded guilty to stealing $80 million, although investigators believe he may have stolen three times as much. He was sentenced to 13 years.
Prior to entering politics, Ibori had lived in London, England with his wife Theresa. In 1990, the pair were convicted of stealing from a hardware store where Ibori worked as a cashier. The next year, he was convicted of handling a stolen credit card. By the end of the decade, having lied about his criminal record, Ibori was governor of Delta State, and was reelected for a four year term in 2003.
Although acquitted by a Delta State court in 2009, justice finally came for Ibori in a South London court, after a seven year investigation by the Proceeds of Corruption Unit of London’s Metropolitan Police.
According to Robert Palmer of anti corruption NGO Global Witness, London holds a double attraction for corrupt politicians.
“We are a major financial and legal center so there’s a lot of expertise, and there’s also a lot of assets that go through the British financial institution, so it’s easier to disguise your assets.” Palmer believes London also seems like a great place to spend “illicit loot”.
“There’s a prestige about being able to bring your assets and your wealth into the UK,” he observes.
“According to the prosecutor, Ibori and his associates had accounts with Barclays, HSBC, Citibank. He had a Centurion American Express card. These are major financial institutions that all took money from James Ibori and his associates,” he notes.
“I think the only way we’re going to get serious change is if you have heavy penalties, you go after individual bankers and, in the worst cases, in the most egregious failures, you put people in jail”, added Palmer.
MOL/JR/HE
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