Ribadu listed as key witness in Ibori’s bribery case

The Economic and Financial Crimes Commission (EFCC) has listed its former chairman, Nuhu Rubadu as a key witness against a former Governor of Delta State, Mr. James Ibori, Punch reports.

Ribadu had accused Ibori of offering him $15m so that a case will not be instituted against him.

After receiving the cash, however, Ribadu entered it into evidence after which it was kept in the vault of the Central Bank of Nigeria.

Ribadu had said, “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 amidst celebrations by his supporters.

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