COURT AWARDS $15M IBORI BRIBE CASH TO FEDERAL GOVT.

Don't calculate/convert this figure with your calculator, it won't show lol,
The legal battle over the controversial '$15m Ibori bribe money' came
to an end on Friday when an Abuja Federal High Court awarded the cash
to the Federal Government after rejecting the claim to the money by
Delta State Government.
The court, presided over by Justice Gabriel Kolawole, held that Delta
State was not able to prove its claim that the money belonged to it.
The $15m was said to have been received by the Economic and Financial
Crimes Commission from an undisclosed agent of former Delta State
Governor James Ibori in 2007 to compromise the agency's probe into his
handling of the state finances as the governor from 1999 to 2007.
The money was kept in the strong room of the Central Bank of Nigeria
as an unclaimed property since August 2007, but a legal battle ensued
over its ownership after the court, on July 24, 2012, granted an
interim order forfeiting the cash to the Federal Government.
With the Federal Government, through the EFCC's lawyer, Rotimi Jacobs,
SAN, asking the court for a final order of forfeiture, so that the
money could be deposited in the national treasury, Delta State filed
an application, claiming that the money belonged to it.
Justice Kolawole, however, maintained that there was no evidence
linking the state government to the $15m.
He said, "It is not enough to depose that Delta State Government owns
the money, Chief James Ibori had denied knowledge of how the money
came about.
"If the claimant (Delta State) had been able to file an admissible
evidence to prove that the $15m belonged to it, the court would have
no option than to accept its claim.
"The Delta State Government had filed an application, asking the court
to quash charges against Ibori, that was inconsistent with a
government that is looking for its looted funds.
"The claimant has not been able to link the $15m to its accounts, the
claimant has not been able to prove on the balance of probability that
the said $15m belongs to it.