Lucky Igbinedion's Younger Brother, Michael Convicted Of Money Laundering

Date: 29-04-2015 9:22 pm (8 years ago) | Author: Mister Jay Wonder
- at 29-04-2015 09:22 PM (8 years ago)
(m)

Michael Igbinedion, younger brother of Lucky Igbinedion, former governor of Edo state, was on Wednesday convicted by a Federal High Court, Benin Division, presided over by Justice A. M. Lima, in a N25 billion money laundering case instituted against him and five others by the Economic and Financial Crimes Commission, EFCC.
Others convicted in the 81-count charge of money laundering are Patrick Eboigbodin, a former Accountant-General and the four companies are Gava Corporation Limited, Romrig Nigeria Limited, PMI Securities Company Limited and PML (Nigeria) Limited.
‎
The offence was committed during the administration of his brother, Lucky, when was he Governor of Edo State between 1999 and 2007.
Reading the judgement that lasted for over three hours, Justice Lima convicted the junior Igbinedion on counts 79, 80 and 81 which bothered on collecting cash payment above N500,000.00, while ‎Patrick and PML (Nigeria) Limited were convicted on count 50, 51, 52, 53, 54, 55, 56, 57, 58 and 58 which bothered on collaboration to conceal origin of funds amounting to millions of naira paid into their private accounts.

Justice Lima who said the prosecution proved alleged collaboration beyond reasonable doubts, however discharged all the accused on other count charges because the prosecution failed to prove the allegations, noting that the prosecution only proved suspicion and failed to prove illicit origin of funds deposited in some banks.
Justice Lima however reserved their sentenced till Thursday, 30 April.













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Posted: at 29-04-2015 09:22 PM (8 years ago) | Addicted Hero
- PoliticxGuru at 29-04-2015 10:02 PM (8 years ago)
(m)
same story
Posted: at 29-04-2015 10:02 PM (8 years ago) | Hero
Reply
- elchymo at 29-04-2015 10:18 PM (8 years ago)
(m)
Roll Eyes Roll Eyes Roll Eyes
Posted: at 29-04-2015 10:18 PM (8 years ago) | Hero
Reply
- dareper at 29-04-2015 11:35 PM (8 years ago)
(m)
Thief family
Posted: at 29-04-2015 11:35 PM (8 years ago) | Hero
Reply
- Abubu86 at 30-04-2015 06:19 AM (8 years ago)
(m)
A corrupt family
Posted: at 30-04-2015 06:19 AM (8 years ago) | Gistmaniac
Reply
- Wysetots at 30-04-2015 08:23 AM (8 years ago)
(m)
I can't wait to see Diezani behind bars !!
Posted: at 30-04-2015 08:23 AM (8 years ago) | Hero
Reply
- akinmanchy at 30-04-2015 10:03 AM (8 years ago)
(m)
E be like say dem wan to tell us another story again ooo....Abeg 2face Idibia carry go from where I stopped
Posted: at 30-04-2015 10:03 AM (8 years ago) | Hero
Reply
- tochpy at 30-04-2015 10:19 AM (8 years ago)
(f)
I don't understand why whoever is handling this forum will allow immoral pics here, this has been happening without recourse..Naijapals team
Posted: at 30-04-2015 10:19 AM (8 years ago) | Newbie
Reply
- echeeche at 30-04-2015 01:25 PM (8 years ago)
(m)
ok
Posted: at 30-04-2015 01:25 PM (8 years ago) | Hero
Reply
- beneno at 30-04-2015 09:42 PM (8 years ago)
(m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 30-04-2015 09:42 PM (8 years ago) | Addicted Hero
Reply
- elchymo at 19-08-2015 05:13 PM (8 years ago)
(m)
Thief family. Corrupt generation
Posted: at 19-08-2015 05:13 PM (8 years ago) | Hero
Reply
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