It was learnt that Ibori, who was jailed 13 years in April 2012 by a Southwark Crown court in London was released by prison authorities on 22 January.
He was released from Her Majesty’s Prison in Bedford, outside of London, where he finished his prison term. He was also initially at the Long Lartin Prison in Worcestershire.
A prison source at Bedford confirmed on Tuesday night that “he is out of here”.
The NEWS sources said Ibori was re-arrested to face another charge, which borders on the confiscation of his ill-gotten assets, estimated to be about 250 Million Pounds. The case initially billed for May, will now come up in June, sources said. He’s now being held in a new prison.
Fifty-seven year old Ibori was jailed for using UK financial institutions to launder hundreds of millions of pound sterling he stole from public funds in Delta State.
His journey to jail began with his arrest On 13 May 2010 in Dubai, United Arab Emirates under Interpol arrest warrants, issued from United Kingdom courts and enacted by the Metropolitan Police.
He had earlier made a mockery of Nigeria’s legal system, walking away free from the multi-billion fraud charge levelled against him by the EFCC, including the $15m bribe he “offered” Nuhu Ribadu.
Also jailed with James Ibori, apart from his sister and mistress, were his wife, Theresa Nkoyo Ibori, his lawyer, Bhadresh Gohil and his financial advisors, Daniel McCann and Lambertus De Boer.
He was the Governor of Delta state from 1999 and held forte for eight years, milking the state dry.
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