James Ibori Released From Prison, Re-Arrested

Former governor of Delta State, James Onanefe Ibori has
completed his prison terms in the United Kingdom. But he is yet to be a free
man, as he was immediately re-arrested. TheNEWS learnt that Ibori jailed 13
years in April 2012 by a Southwark Crown court in London was released by prison
authorities on 22 January and then re-arrested again.

He was released from Her Majesty’s Prison in Bedford,
outside of London, where he finished his prison term. “He is out of here”, a
prison source at Bedford confirmed on Tuesday night.

TheNEWS sources said Ibori was re-arrested to face another
charge, which borders on the confiscation of his ill-gotten assets, estimated
to be about 250 million pounds. The case initially billed for May, will now
come up in June. TheNEWS cannot however confirm Ibori’s new prison.

Fifty-seven year old Ibori was jailed for using UK financial
institutions to launder hundreds of millions of pound sterling he stole from
public funds in Delta State.

His journey to jail began with his arrest On 13 May 2010 in
Dubai, United Arab Emirates under Interpol arrest warrants, issued from United
Kingdom courts and enacted by the Metropolitan Police.

He had earlier made a mockery of Nigeria’s legal system,
walking away free from the multi-billion fraud charge levelled against him by
the Economic and Financial Crimes Commission, including the $15 million bribe
he offered the then EFCC chairman, Nuhu Ribadu.