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

Ibori Panama
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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.

Read the full report from Panama

ALSO READ:  Ibori Accuses British Prosecutors of Witholding Information

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

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