“The prayers of the righteous availeth much….”
So a while back ago, I shared with you the story of Strive Masiyiwa and Econet’s triumphant win in the Nigerian courts!
The Econet battle in Nigeria began in 2003 with one Nigerian man, former governor of Delta State, James Onanefe Ibori.
I will let the Founder & Executive Chairman, Strive Masiyiwa of Econet tell how Mr. James Ibori, who, earlier today, was sentenced to 13-years in prison and Mr. Ibori‘s involvement with the Econet/Nigeria protracted 9-year legal battle:
For more on the story CLICK HERE.
Fast forward to today, the former Delta State governor was sentenced at the Southwark Crown Court in London, England, on charges of corruption and fraudulent activities totaling nearly £50M (US$77M). Earlier this year, on 27 February, Mr. Ibori had pleaded guilty in a British court to siphoning off $250 million of Nigerian state funds which he spent on luxury houses, cars and a private jet, police said.
Specifically Mr. Ibori bought:
Mr. Ibori, who was governor of Nigeria’s oil-rich Delta State between 1999 and 2007, admitted 10 offences relating to conspiracy to launder funds, money laundering and one count of obtaining a money transfer by deception and fraud. However, the Southwark Crown Court was told the amount Mr. Ibori stole from the people of Delta state was “unquantified”.
Mr. Ibori, who evaded capture in Nigeria after a mob of supporters attacked police, was arrested in Dubai in 2010. He was extradited to the UK, where he was prosecuted based on evidence from the Metropolitan Police.
Mr. Ibori’s wife Theresa, his sister Christine Ibori-Ibie and his mistress Udoamaka Onuigbo are currently each serving five-year sentences in British prisons, while a number of his associates have also been jailed, police said.
Prayer works! And glad to see justice served on the behalf of the people of Nigeria and Delta State.
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