EFCC Says no case of money laundering involved.
In a bizarre twist, the conspiracy to defraud charge in the V-mobile $37M transaction brought against former Delta State Governor, James Ibori here in London by the British Crown Prosecution Service had previously been held by the Nigerian courts and the EFCC to be a genuine transaction.
Part of the prosecution evidence has revealed that the letter which formed part of the crown prosecution service’s evidence against James Ibori in the transaction worth $37M actually absolved the promoters of the deal of any wrong doing and intent to defraud or launder money. This letter was dated 21st January 2009 and signed by Umar m Sanda on behalf of the EFCC.
The EFCC letter reads ‘I refer to your letter dated 15th January, 2009 on the above subject matter. Investigation into this matter is concluded and no case of money laundering established against your client. Subsequently your client’s accounts defrozen. This letter is without prejudice to further revelations’, the letter concluded.
A copy of this letter from the EFCC which James Ibori’s lead counsel QC Krolic read out in the court while cross examining DC Clark was signed by Umar M Sanda.
Further to the EFCC letter confirming the genuineness of the transaction, QC Krolic further referred the prosecution to a copy of the judgement in the said case obtained from the British prosecution bundle, which sought the withdrawal of the case by the EFCC against the promoters of the V-Mobile transaction and subsequently granted by Justice Olokoba of the High Court sitting in Ikeja, Nigeria. Further, Justice Olokoba following EFCC’s request also struck out the case of money laundering against the promoters of the V-Mobile transaction.
QC Krolic, following the documents from the prosecution bundle upon which DC Clark was cross examined therefore put it to DC Clark that there were no more proceedings…..'( court case against the promoters of the V-mobile transactions in Nigeria).
DC Clark stated ‘I don’t believe this to be true’.
QC Krolic ‘But this is a document from the prosecution bundle used against Mr Ibori’.
In order to prove the British investigator wrong, QC Krolic took DC Clark to the relevant pages where the documents were contained in the crown prosecution bundle in order to confirm the authenticity of the documents.
The hearing continues.
a 360nobs submission