https://peculiarmagazine.com/wp-content/themes/fullscreen
more

Rightbox

James Ibori finally convicted in the UK…He stole in store in 1990

– Ibori, 49, siphoned off millions by inflating state contracts   
– James Ibori bought a portfolio of luxury London homes and a fleet of armoured Range Rovers Fraudster may have stolen $250million from Nigerian coffers as he rose through the ranks
    He spent £15,000 in two-day stay at London’s The lanesborough hotel
    He owned SEVEN properties in Britain
He wasted no time spending his new-found wealth on luxury homes, top-of-the-range cars, five-star travel and fees at exclusive boarding schools.

Ibori, 49, yesterday stood shame-faced in the dock of London’s Southwark Court as he admitted stealing tens of millions of pounds from the oil-rich delta state he governed. Scotland Yard detectives believe his fraud could exceed £250million.

He was helped by family members, including his wife Theresa, sister Christine Ibori-Ibie, his mistress Udoamaka Oniugbo, and Mayfair lawyer Bhadresh Gohil.

He was on trial in the UK because much of the stolen money was laundered through his London office.

Ibori has previous records of stealing while he was residing in the Uk. Ibori moved from Nigeria to West London in the late 1980s and was found guilty of stealing goods from the Wickes store he worked at in Ruislip in 1990.

 A massive police investigation into Ibori’s activities revealed he had bought six properties in London, including a six-bedroom house with indoor pool in Hampstead for £2.2million and a flat opposite the nearby Abbey Road recording studios.

There was also a property in Dorset, a £3.2million mansion in South Africa and further real estate in Nigeria

He wasted no time spending his wealth on luxury homes, top-of-the-range cars, five-star travel and fees at exclusive boarding schools.

 

Comments

comments

This entry was posted in Headlines, Latest News, News and tagged . Bookmark the permalink.