EFCC IDENTIFIES ANOTHER PROPERTY BELONGING TO IBORI

The Economic and Financial Crimes Commission (EFCC) on Thursday January 24 2013 identified another expansive property belonging to convict former governor of Delta State, James Ibori who is serving a jail term in a United Kingdom prison for stealing from the coffers of his home state.
The property situated at No 5, Alpha Beach Road, Lekki, Lagos is suspected to be one of the proceeds of money laundering for which the ex-governor was convicted in the UK.
The attachment of the property is the fall out of continued efforts by the EFCC to trace, find and seize properties that were acquired with stolen funds by the former governor.
The property is a mansion with a mini reception at the ground floor and a detached “Boys Quarters”.
Two occupants of the house, Moses Abu and Kaycee Kasim, were interrogated and made useful statements.