Thursday, May 10, 2012

Britain May Bar Corrupt Politicians’ Children From Schools


The British Government may soon begin to bar children of corrupt Nigerian politicians from its private schools.
This follows last month’s conviction of a former governor of Delta State, Chief James Ibori, by a London crown court for stealing millions of pounds from the treasury of his state and spending the same to acquire luxury items around the world. Click to continue reading please…

Ibori was convicted and sentenced to 13 years in jail after he pleaded guilty to stealing and laundering over $80m.

In an interview with Cable News Network, the Unit head of the Proceeds of Corruption Unit of London’s Metropolitan Police, Detective Chief Inspector Jonathan Benton, gave the hint that some measures would be applied against corrupt Nigerian politicians in the wake of the Ibori conviction.

He said, “We hope that, by tackling the likes of James Ibori, we’re saying to those stealing from the state purse, you can’t have your children at private schools in London. You can’t have a multimillion pound house in one of the most affluent areas of London. You can’t drive around in top of the range vehicles. We won’t let you move money around to buy multimillion pound jets.”

The unit, staffed by a dozen or so detectives, traces the flow of foreign politicians’ money through London, and is funded by the UK government’s Department for International Development, which also delivers aid to Africa.

The unit investigated the Ibori case for seven years.

In the special report, CNN writes, ” Ibori employed a range of methods, some straightforward, some devious. He inflated contracts, took kickbacks, and simply transferred cash out of state accounts. He was helped by his family, wife and mistress, as well as by London-based professionals, who set up shell companies, assisted in purchases and provided false due diligence.

“As governor of the oil-rich Delta State in Nigeria, James Ibori’s salary was only $6000 a year, yet he managed to afford luxury properties, fleets of Rolls Royces, a Bentley and a Maybach, first class travel, private boarding school fees and a private jet worth $20 million.”

The report also examined the role played by British banks in aiding Ibori to loot his state’s treasury as well as why Nigerian politicians find London an attractive location for laundered funds.
According to Robert Palmer of anti-corruption NGO, Global Witness, London holds a double attraction for corrupt politicians.

“We are a major financial and legal centre so there’s a lot of expertise, and there’s also a lot of assets that go through the British financial institution, so it’s easier to disguise your assets,” Plamer told CNN.
Palmer, who also believes London seems like a great place to spend “illicit loot,” adds, “There’s a prestige about being able to bring your assets and your wealth into the UK.”
Source: Punch

27 comments:

  1. Let the law start now.

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  2. yes please. the oppression don tire me...our tax naira and oil money educating those bastards...if only swiss banks would also stop helping them stash the money as well

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  3. This can't be the right way of addressing this. US/UK over sabi too much

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  4. It will help the Nigerian economy towards a better growth

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  5. This will be a big relief if implemented.

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  6. Thank you Britain. And don’t forget to send them back home too

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  7. OUR COURTS ARE NOW BRITAINS WHERE JUSTICE IS SERVED. THANK YOU GREAT BRITAIN LOL

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  8. OUR COURTS ARE NOW BRITAINS WHERE JUSTICE IS SERVED. THANK YOU GREAT BRITAIN LOL

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  9. Is that what the article is saying? I don't see anywhere in the article where laws enabling this action will be enacted was mentioned. I believe the man was just trying to use the ibori's case as an example to his fellow looters.

    If you spend your looted funds here, it is very easy to trace you not we would bar your children from schooling here. My two cents.

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  10. What about the politicians who have been robbing us since the 60's. They all need to be brought to book

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  11. Are my people wise now? No. we kill ourselves when election time comes for these so called politicians who will still take our treasures to foreign lands. This is the utmost solution.

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  12. It would be a great decision

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  13. this s a welcome development and pls USofA shd follow suit, lets see if they will not put our schools back in shape, useless leaders, they wl steal and stack abroad, they will buy mansions abroad, buy d best cars and keep abroad, send their children to school abroad, tummy tuck, facelifting for their wives and concubines abroad wen they die they wl fly their corpses to Nig, enough is enough - ins short they shd start burying them abroad, Naija shd not be a dumping ground for rotten dead bodies

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  14. To me the greatest problem of our country is corruption

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  15. @anon 13:03 And the dead ones?

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  16. I welcome the idea in the most highly manner

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  17. Stolen money helps their children to earn respect. They brag about it always.

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  18. Eeya poor children see wat ur papa cause.

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  19. The British should shut up. They taught us how to steal from when they colonised us. Till tomorrow, their bankers still do business with Nigerian looters. The authorities just turn their face. They know who they go after joor. Trust me, i know

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  20. Double standards! Nothing will happen. The stolen loot helps their economy and they are also enablers. The same way they shout about terrorism, some of these banks launder money from terrorist organisations.

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  21. hmmm nice i say. that way everyone gets to experience the toils of education sector in Nigeria but alas, they will run to Ghana or middle east.

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  22. jen you think everyone is like you? All fingers aren't equal.

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  23. @ anon 02:48....... ur point being?

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  24. jen your quote; everyone gets to experience the toils of education sector in Nigeria
    We all can't school in Nigeria okay. Sorry. No my parents aren't politicians!

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  25. @Anon 2:48: Meaning what? *hiss*

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  26. Sins of the father....sad

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