Sue Patten, Head of the CPS Central Fraud Group said: ?James Ibori has today, on the first day of his trial after his extradition from Dubai, and after some seven years of investigation and prosecution of himself and a number of his associates, pleaded guilty to ten charges of conspiracy to defraud and money laundering. In pleading guilty, Ibori has admitted that he defrauded the Nigerian states of Delta and Akwa Ibom during his time as Governor of Delta state and laundered the proceeds. This is a significant prosecution of very serious charges for which Ibori will be sentenced in due course.? Ibori was charged with and pleaded guilty to the following: ? Seven counts of money laundering ? One count of obtaining a property transfer by deception ? One count of conspiracy to defraud ? One count of conspiracy to make false instruments