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UK Moves To Seize $39 Million From London Lawyer Who Helped Ibori Move Funds

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images 2020 09 25T162625.112 UK Moves To Seize $39 Million From London Lawyer Who Helped Ibori Move Funds

UK Takes Legal Action To Seize $39m From London Lawyer Who Assisted Ibori Move Stolen Funds From Nigeria
confiscate $39.3m from Bhadresh Gohil, a London lawyer, who assisted James Ibori to loot and launder funds from Nigeria.
Ibori, ex-governor of Delta State, was convicted in 2010 in the United Kingdom for money-laundering.
Gohil was also convicted in 2010 of 13 counts of money-laundering and other offences linked to his role in the case.
Reuters reported that Gohil also masterminded a fraud in which $37m in fake consultancy fees was stolen from two Nigerian states in connection with the sale of their stakes in a telecoms company.
Then a partner at a firm in the London district of Mayfair, Gohil had helped Ibori channel stolen funds through shell companies and offshore accounts and buy assets such as an English country house and a $20 private jet — although police caught up with the men before the jet was delivered.
Banks have been fined and scandals revealed by leaks such as the FinCEN and Panama papers, but it remains unusual for direct beneficiaries such as Ibori and Gohil to be held to account.
In Ibori’s case, a hearing took place at London’s Southwark Crown Court in January. Prosecutors asked the court to make a confiscation order against Ibori of 117.7 million pounds.
The judge has yet to hand down his decision.
A hearing on Gohil’s case is ongoing at the same court.
Lead prosecution counsel, Jonathan Kinnear, on Thursday began setting out the details of what he said was Gohil’s criminal benefit.
Gohil will have a chance later in the hearing to call witnesses and give evidence himself to dispute the prosecution case.
Any confiscation order against him, as for Ibori, will be issued by the judge at a later date.

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Police Kill 5 Looters In Ikotun , Arrest Scores

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images 2020 10 23T105819.879 Police Kill 5 Looters In Ikotun , Arrest Scores

Horror in Ikotun as police kill 5 looters, arrest scores
Pandemonium broke in Ikotun, Alimosho area of Lagos State following the killing of about five hoodlums who were shot dead by Mobile Police, Mopol, after attacking a popular supermarket and looted various items in the process.
Earlier, a Mopol officer and another person believed to be a police informant were allegedly killed by hoodlums in Idimu-Ikotun road, Egbe-Idimu Alimosho Local Council Development Area, LCDA.
According to an eyewitness, Mr Ayo Akinwale, “At about 2 pm some hoodlums who invaded Ikotun Police Station but found no policeman on ground proceeded to a nearby supermarket, called Twins Faja and looted various items such as computers, households items, wristwatches, foodstuff, among other expensive items.
“While the looters were still operating, a team of Mobile Policemen who arrived the scene following a distress call, started shooting at the looters killing at least five persons, while several others were arrested with various gunshot wounds.
“The bodies and those arrested were later taken away in the police vans to an unknown destination.”
When Vanguard visited the crime scene, the shattered glasses and other looted items which could not be taken away littered the ground.
It was also gathered that earlier, a mob had lynched a Mopol while walking along the road in College area of Ikotun, while another unidentified man believed to be police informant was also beaten to death in the presence of his infant daughter while having a stroll.
“Some of the hoodlums who recognised him as police informant raised the alarm before others descended on him and beat him to death in the presence of his daughter, about 7 years old.
“The body of the deceased was later recovered by the Mopol who have been patrolling this area,” Akinwale narrated.
Amid the curfew and following the ugly incidents the entire area was like a ghost town as the road was totally deserted with several Mopol in their vans seen patrolling the area at the time of filing this report, 6.30 pm.

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WTO: European Parliament Backs Okonjo – Iweala , Says She Is Well – Equipped

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images 2020 10 23T105345.816 WTO: European Parliament Backs Okonjo - Iweala , Says She Is Well - Equipped

The European Parliament has endorsed the candidacy of Nigeria’s Ngozi Okonjo-Iweala in her quest to lead the World Trade Organisation as Director-General.
The Parliament in a letter on Wednesday said it screened the two remaining candidates in the WTO DG race — Okonjo-Iweala and Yoo Myung-hee of South Korea — and was convinced that the Nigerian candidate has the ‘energy’ and is ‘well-equipped’ for the job.
In the letter signed by the Co-chairs of the Parliamentary Conference on the WTO Steering Group, Bernd Lange and Sven Simon, the EP said it was satisfied with Okonjo-Iweala’s level of requirements and skills.
It, therefore, urged the European Union to express support for the candidacy of the former World Bank director.
The letter titled, ‘EP Exchanges of Views with WTO Director-General candidates’, partly read, “On 19 October, the EP’s Steering Group of the Parliamentary Conference on the World Trade Organisation organised exchanges of views with the two remaining candidates for the role of Director-General of the WTO.
“On this occasion, both candidates gave us an extensive account of their plans for the future of the organisation and the approach they would choose in order to deal with the crises that are currently threatening the multilateral trading system.
“Both candidates are extremely experienced, well qualified and knowledgeable, and have their own clear visions for the WTO’s future and priorities, and the Director-General’s role in shaping it, as well concerning the important role for parliamentarians in that future.
“During the discussions, we appreciated, in particular, the vision that Dr Ngozi Okonjo-Iweala presented for tackling the substantial challenges the organisation is facing.
“Her assessment of the existing problems of the organisation revealed a deep understanding of the fault lines dividing the WTO’s membership.
“The points she set out for her first steps after being appointed to the position reveal a clear-eyed agenda, tackling head-on key topics such as special and differential treatment, industrial subsidies and dispute settlement reform while recognising the need for positive momentum through the conclusion of agreements on issues such as fisheries, e-commerce, and health.
“We also appreciated the energy with which she is likely to approach her new role. It appears to us that her personal approach is what is needed now to resolve the key questions at the organisation.
“Dr Okonjo-Iweala appears to be well-equipped for being the fair broker who could bring key players together and help them find the compromises that will be needed to resolve the WTO‘s complex set of challenges and the deep disagreements between its members.
“We, therefore, very much hope that the EU will be able to support Dr Okonjo-Iweala’s candidacy during the last round,” the parliament noted.
The had earlier reported that 79 out of the 164 states that comprise the WTO endorsed Nigeria’s first female finance and foreign minister for the job.
The global trade body is set to be led by a woman for the first time whichever of the two candidates is successful in their bid to follow Roberto Azevedo, who stepped down as WTO director-general in August a year ahead of schedule.
Okonjo-Iweala, 66, who has a 25-year career behind her as a development economist at the World Bank, said it would be good if WTO could also boast its first African leader.
The initial pool of eight candidates for the WTO’s top post, which has been whittled down over two rounds of consultations, had included three Africans, and the AU had until now refrained from offering an official endorsement.
The third and final round of consultations seeking to establish consensus around one candidate is due to begin next week and end on October 27, with the announcement due in early November.

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Fire outbreak at Warri prison as inmates attempt to escape

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66625DE7 6BC7 4A23 BCCF D4760E797F2E Fire outbreak at Warri prison as inmates attempt to escape

The administrative session of Warri Prison in Delta state was razed in an attempted jailbreak on Thursday.

It was gathered that protesting inmates burnt down the place just as suspected hoodlums stormed the prison to set them free.

But soldiers reportedly moved in to prevent the escape of the prisoners.

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