Ibori gave me $15m bribe in bag -Ribadu

Desperate to halt a probe into his finances, former Delta
State Governor James Ibori tried to bribe anti-corruption
boss Nuhu Ribadu in 2007 with $15m in cash in a bag so
heavy one man alone could not lift it, Ribadu told a London
court on Thursday.
Reuters quoted Ribadu as telling the court that he pretended
to take the bribe because he wanted the cash as evidence to
use against Ibori in a prosecution, but rather than keep the
money for himself he had it taken straight to the Central
Bank of Nigeria to be kept safe in a vault.
Ibori was governor of oil-producing Delta State in southern
Nigeria from 1999 to 2007. In 2012, he pleaded guilty at
London's Southwark Crown Court to 10 counts of fraud and
money-laundering and was jailed for 13 years.
He is the most senior Nigerian politician to be held to
account for the corruption that has for decades held back
Africa's most populous nation and top oil producer.
Ribadu told the court that about $1 billion flowed from
federal government accounts into Delta State coffers during
Ibori's eight years in power, and he estimated Ibori had
stolen or wasted more than half of that amount.
The charges to which Ibori pleaded guilty amount to the
theft of about $80m, but British prosecutors say that was
only part of his total booty, which was kept hidden via a
complex web of shell companies, offshore accounts and
front men.
Ribadu, who was chairman of Nigeria's Economic and
Financial Crimes Commission (EFCC) from April 2003 to
December 2007, was giving evidence at a confiscation
hearing in which prosecutors are seeking court orders to
have Ibori's assets seized.
Under Nigeria's constitution, state governors enjoy
immunity from prosecution but are limited to two terms in
office. With the end of his second term looming in April
2007, Ibori was worried the EFCC were planning to
prosecute him, Ribadu said.
"He was very desperate to terminate the investigation," he
told the court.
In late April 2007, a meeting was arranged between the two
men at a "neutral place", the house of Andy Uba, a close
associate of outgoing President Olusegun Obasanjo.
Ibori arrived at the house with several members of his staff
and a very large black sack containing $15m in cash.
Ribadu said he watched as two of Ibori's men lifted the
heavy sack and handed it over to his own EFCC staff. "It
was a bag that an individual could not carry alone," he said.
The EFCC men drove the bag to the central bank where the
money was counted and boxed into smaller containers. The
court was shown photographs of the boxes of cash.
:punch