jeudi 10 mars 2011

Ibori offers to set up development fund with stolen billions

In a desperate bid to save himself from arrest and prosecution, former Delta State governor, James Ibori, offered to surrender a huge chunk of his stolen billions to a trust fund that could finance development projects, according to a leaked U.S. diplomatic cable made available to NEXT.

The September 24, 2009 dispatch reported that Mr. Ibori, shortly before escaping to the United Arab Emirates after the Economic and Financial Crimes Commission closed in on him, approached the United States embassy in Abuja for a deal that would have him give up between 20 and 50 percent of his loot in return for promises by foreign governments not to prosecute him. The former governor, the cable said, approached the embassy through a U.S. businessman and reputed lobbyist in the Washington, DC area, who estimated Mr. Ibori's stolen wealth to be about $3billion (N45 billion).

You can read the rest of the story at 234next.com

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