Ibori's London-based lawyer, Bhadresh Gohil, this morning stunned the Southwark Crown Court in London when he entered a guilty plea on the first day of his trial over the V-Mobile shares scam.

Mr. Gohil was arraigned of charges of aiding and abetting a scheme that enabled former governors, Mr. James Ibori of Delta state, Victor Obong Attah of Akwa Ibom state; the former Principal Secretary to Umaru Yar'Adua, David Edevbie;, Love Ojakovo, a former commissioner of finance to Ibori and a business associate of Ibori, Henry Imashekka to steal funds that accrued from the sale of V-Mobile shares belonging to the two states.

Mr. Gohil, who had already been convicted on other counts of money laundering in collaboration with Ibori's wife, Theresa Nkoyo, surprised legal observers when he choose to plead guilty rather than undergoing another grueling prosecution.

Some legal observers told Saharareporters today that Mr. Gohil's guilty plea will ultimately hasten the final extradition of Ibori from the United Arab Emirates where he is currently stalling his extradition through appeal.

Two others Lambertus De Boer, and Daniel McCann were in court and pleaded not guilty.



The accused face 14 counts of forgery and money laundering in relation to the sale of V-Mobile telecoms shares by two Nigerian States: Akwa Ibom State and Delta, in which $37.8 million was stolen.


The accused men used front companies to defraud the Nigerian states of the said amount. In particular, a company, "Africa Development Finance Co." was named as the major conduit.

In instances cited in the case summary, an $11 million loan was purportedly granted to an aviation company that assisted Mr. Ibori in purchasing a jet from Canada; $10 million was given to "Ascot Offshore Nigeria Limited", the company that Ibori used to purchase Wilbros; and another $790,000 was granted to another fake firm "Africa Development Co." and an offshore nominee concern.

The charges of forgery concern Mr. DeBoer and Mccan.

They were accused of violating the Forgery and Counterfeiting Act of the UK by creating fake documents between Delta State and Africa Finance Ltd, and also Delta and African Development Company. They are also accused of creating a false account which shows both men as beneficiaries, in order to hide the fraudulent nature of the transactions.

http://www.saharareporters.com/news-page/v-mobile-shares-scam-iboris-lawyer-bhadresh-gohil-pleads-guilty

As the days go by, Ibori keeps inching closer to jail. All his accomplices are already in prison preparing the ground for his grand reception!

Jaguda baba ole, you see how poverty development party is disgracing this retarded country. May this rogue rot away in prison. May he end his life in a sorrowful mood. May evil befall james ibori, may he die a painfull and sorrowfull death

the beauty of a well prepared case

mr gohil must have been politely warned that any further waste of taxpayers money would be paid in full by remanding him to the pretty boys cell block once convicted

ibori, the drums are beating for yooooooou

Ogreedygbogreegbo,you dey look am,e dey go enter UK jail

Ibori oya name the rest of your demonic co-looters.

@Rasputinn,

I don buy ticket to go London once dem confirm Ibori transfer. I will be in court for his full trial and watch the Devil sent to jail. Uduaghan is next, EFCC should start preparing his case

Somebody must show this video online, i want to watch a film titled the " THE TRAGIC END OF JAMES IBORI"