BREAKING NEWS: Thu 15th November, 2007The Court of Appeal Criminal Division sitting in London delivered a devastating ruling against James Onafefe Ibori today in London. The High Court unanimously ruled that the Southwark Crown Court erred by lifting the restraining order on James Ibori's worldwide assets on October 1 2007.
The justices said the "restraining Order should never have been lifted" in the first place. The court therefore re-instated the restraint order on James Ibori worldwide assets worth $35 million and also ruled that all Ibori's worldwide assets are protected from dissipation.
The Metropolitan Police will be boosted by this landmark decision as they continue further criminal investigations against James Ibori and his accomplices for money laundering.The decision of the Court of Appeal in London was almost marred by the refusal of the Attorney General of the Federation, Michael Aondokaa to invoke the "Article 3" of the Mutual Agreement Treaty on Corruption between the UK and Nigeria.
No comments:
Post a Comment