Tuesday 10 December 2013

Ibori’s Case Adjourned Until Dec 17


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James Ibori
There was a new twist and complications in the reopened asset confiscation hearing of the former Delta State Governor, Chief James Ibori, at Southwark Crown Court Monday.At the hearing, it was revealed that the benefits that Ibori’s sister, Udoamaka Okoronkwo, got is to be re-determined, after the Appeal Court ruled in her favour. Ibori’s lawyer, Gohil is also contesting the benefits he got at the Court of Appeal and a verdict is fixed for December 14 to that effect.

The new development then forced the judge, Anthony Pitts, to adjourn the hearing till December 17.
Less than an hour after the case was adjournment in courtroom 14,    an accomplice of the former governor was found  guilty of fraud and money laundering in the same courtroom by a jury .
Former Goldman Sachs investment banker, Elias Preko, 54, was given four-and-a-half-years  jail term on each of the two charges, but Pitts ordered the Ghanaian national to serve just two-and-a-half-years, as the two terms would run concurrently.

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