Why Ibori Offered Me $15m Bribe - Ribadu
The former Delta State governor, James Ibori, in 2007, tried to bribe anti-corruption boss, Nuhu Ribadu, with $15 million cash in a bag so heavy one man alone could not lift it, Ribadu told a London court on Thursday.
Ribadu said 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 (CBN) to be kept safe in a vault. In 2012, Ibori pleaded guilty at London’s Southwark Crown Court to 10 counts of fraud and money-laundering and was jailed for 13 years.
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 $80 million, but British prosecutors said it was only part of his total booty, which was kept hidden through a complex web of shell companies, offshore accounts and front men.
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Ribadu, former chairman of Economic and Financial Crimes Commission (EFCC) from April 2003 to December 2007, was giving evidence at a confiscation hearing in which prosecutors were seeking court orders to have Ibori’s assets seized.
“He was very desperate to terminate the investigation,” Ribadu told the court.
According to him, in late April 2007, a meeting was arranged between the him and Ibori at a “neutral place,” the house of Andy Uba.
Ibori arrived at the house with several members of his staff and a very large black sack containing $15 million 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.
“I have given you money Nuhu, just give me my clearance,” Ribadu quoted Ibori as telling him after those events.
Instead, the EFCC continued to investigate Ibori’s affairs and had him arrested on corruption charges on December 12, 2007.
But Ribadu said the climate had changed since Obasanjo had stepped down and President Umaru Yar’Adua had been sworn in. Ribadu said Ibori was close to Yar’Adua, and the new attorney general Michael Aondoakaa sought to neuter the EFCC.
On December 27, just 15 days after Ibori’s arrest, Ribadu was sacked as chairman of the EFCC. Efforts to prosecute Ibori in Nigeria foundered, and he was eventually prosecuted in Britain because he had laundered some of his millions there.
After his removal as EFCC chairman, Ribadu told the court he survived two separate assassination attempts including one during which three shots were fired at his car.
After the second attempt, he fled Nigeria by what he described as the “bush path”, first by motorcycle taxi across the border to Benin, then by an Air France flight to Paris and then to Britain where he was given refuge at an Oxford college.
