A court in the United Kingdom has ordered a former Goldman Sachs banker, who was described as the linchpin in the money laundering schemes of James Ibori, to return £7.3 million he helped the former governor of Delta State launder or be sentenced to 10 years in prison.
The ruling comes as the UK authorities are processing the confiscation of the assets owned by Mr Ibori, who was sentenced to 13 years in jail by a UK court after he admitted to laundering £50 million stolen from the treasury of Delta State in 2011.
Mr Ibori was released in 2016 and has since returned to Nigeria where he is still a major kingmaker in his native Delta State.
Last week, the Southwark Crown Court ruled that Elias Preko, a 60-year-old, Harvard-trained banker, who managed Mr Ibori’s money laundering operations and was jailed four and a half years in 2013, must return the money within three months or face another 10 years in jail, the UK Independent Newspaper reports.
Mr Preko was one of four persons convicted alongside Mr Ibori for his grand money laundering schemes. Others who were convicted included, Mr Ibori’s wife, his mistress, sister, and lawyer.
The order followed an investigation by the UK’s National Crime Agency (NCA).
“Professional enablers such as Elias Preko, who use their legitimate position within the finance industry to conceal the illicit funds of criminals and corrupt elites, are the lynchpin of the billions of dollars laundered through the UK each year,” said the Kim Kitney, the agency’s head of financial investigations.
Delta state shut all land borders amidst covid-19 pandemic
Delta state shut all land borders amidst covid-19 pandemic.
The Delta State governor Dr. Ifeanyi Author Okowa announce days ago about the movement in Delta State and Promise to protect his people from the famous virus CORONAVIRUS aka Covid-19.
The wise one says “Prevention is better than Cure”
The governor took a strong decision which lead to closure of all border lead In and Out of the state.
Dspz- Delta State Polytechnic Ozoro Postpone 1st Semester Examination 2020
DEAN OF STUDENT AFFAIRS
STUDENT UNION GOVERNMENT(SUG)
DELTA STATE POLYTECHNIC OZORO.
UPON THE CONFIRMATION FROM THE DEAN STUDENT AFFAIRS
SNR COMRADE THOMAS OJUYE
About postpone of 1st Semester Examination that was to Start on 23th March 2020.
This is to inform all student of DSPZ that the exam has been postponed indefinitely as a result of the outbreak of coronal virus disease/COVID 19 worldwide.
The date for the exam will be communicated to us in due time.
We are all advices to take all necessary precautions to prevent the spread of this disease while the federal government are working on getting a permanent solutions to the disease.
Thanks and God bless you all
Tears Flow As Urhobo Community Rebury Exhumed Corpses Of Murdered Indigenes By Suspected Herdsmen
The 10 exhumed bodies of farmers reportedly killed by herdsmen in Uwheru Kingdom, Ughelli North council area of Delta state, were on Thursday, finally laid to rest.
The ceremony, which was conducted amidst tears and curses, took place in Agadama, one of the affected communities.
The deceased were laid in white caskets while a brief Christian service was held in their honour.
Nine were buried in a central tomb built for the victims few metres away from the Agadama Secondary School while one of the deceased, who hailed from Ofoni, an Urhobo community in Bayelsa State, was taken home after the service for burial.
Dozens of sympathisers, including youths, were said to have crowded the Ughelli Central Hospital morgue, where the victims had been deposited for autopsy analysis.
The autopsy, which affirmed that they were shot dead by herdsmen, was reportedly conducted on the bodies at about 10:45am.
Persons suspected to be herdsmen had attacked five communities in Uwheru kingdom mid February, killing and burning 10 farmers in the shallow graves.
Among the victims buried were Dennis Itoje, Philip Emesharueke, Arhiakpore Steven, Oghenekparobo Emmanuel, Andrew Itiroghene Useh, Ochuko Ovwanre, Samson Coach Ogheneoruese, Kotor Boy, Abura Ejuweyere and Freeborn Isreal.
A delegation of the apex socio-cultural body of the Urhobo people worldwide, Urhobo Progress Union (UPU), attended the ceremony.
The people of the kingdom took swipes on the Federal government and security agencies for treating herdsmen attacks on their communities lightly.
Commissioner for Higher Education, Prof Patrick Muoboghare, decried the killing of the victims by herdsmen, stating that their kinsmen can no longer go to their farm lands owing to the onslaught.
According to him, the arm-wielding herdsmen, who killed the deceased farmers were Fulani herdsmen from Mali, Chad and other parts of Africa.
He urged the Federal Government to ensure that the herdsmen were evacuated from their communities to enable their farmers return to their means of livelihood.
Uncategorized8 months ago
Oskido – Dlala Piano Ft. Winnie Khumalo
Education1 year ago
Delta State Poly Ozoro OND Post-Utme & Direct Entry Form Admission Form 2019/2020
GOSSIP1 year ago
Delta State Polytechnic Ozoro DSPZ Result Update
Dspz News9 months ago
Delta State Poly Ozoro 1st Batch Admission list 2019/2020
Dspz News1 year ago
[DspzUpdate] VIDEO & PHOTOS Delta State Poly Ozoro Student Protests Against Bad Result
Education1 year ago
Delta State Polytechnic Ozoro New Grading System
Education1 year ago
Delta Poly Otefe-Oghara Post UTME Form 2019-2020 | Cut off Mark and Registration Details.
Community1 year ago
(Day 6) Origin Of Rag Day – Student Week In Dspz