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Ribadu listed as key witness in Ibori’s bribery case

The Economic and Financial Crimes Commission (EFCC), has named its former chairman, Nuhu Ribadu, as a key witness in the bribery case involving former Delta State Governor, James Ibori, according to the Punch.

Ribadu had accused Ibori of trying to bribe him with $15million so that a case against him will be dropped.

After he received the money, Ribadu entered it into evidence, before it was kept in the Central Bank’s vault.

Ribadu said at the time: “Ibori approached me with $15m to stop his investigation. The money was brought in sacks. I called my people because the money was in big bags, which two people could not carry and we deposited it in the CBN as evidence against him.”

A Federal High Court in Abuja in 2013 had ordered that the $15m be forfeited to the EFCC.

Justice Kolawole said that in the final analysis: “the applicant’s application to make a final forfeiture order succeeds and the said sum of $15m is hereby forfeited to the first applicant, that is, the Federal Government who shall take steps to capture it in its earnings of the Federal Government of Nigeria in its 2012/2013 fiscal year and shall administer the funds to address specific needs that will be beneficial to a greater number of the citizenry.”

Ibori was released from a UK prison on Wednesday after 13 years.

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