World News

#PanamaPapers: James Ibori Exposed, Among 140 People in the World With Hidden Assets

Ibori Panama

Former Delta state governor, James Ibori has been indicted in a massive tax evasion scandal and allegations of corruption made by Panama Reports released in Panama, a tax haven where many wealthy people go to invest their money due to the free tax laws in the country.

ALSO READ:  Sad!! Newborn Twins And Sister Orphaned After Their Mother Dies The Same day As Their Father’s Funeral (Photos)

Read the full report from Panama

Ibori admitted using his position as governor to corruptly obtain and divert up to $75 million out of Nigeria through a network of offshore companies, although authorities alleged that the total amount he embezzled may have exceeded $250 million

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending this week

To Top