Michael Igbinedion, younger brother of former Edo state governor, Lucky
Igbinedion was today sentenced to 6 years imprisonment for charges
bothering on money laundering. Michael, alongside one Mr Patrick
Eboigbodin, an aide to former Governor Lucky Igbinedion were dragged
before a federal high court in Benin city on an 81 count charge
bordering on money laundering said to be carried out while Lucky
Igbinedion was still governor of Edo state.
Delivering his judgement, Justice A.M Liman sentenced Michael Igbinedion
to 6 years imprisonment with an option of fine of N1million for each of
the three counts 79, 80 and 81, for which he was convicted. Mr
Eboigbodin was sentenced to 20 years imprisonment without an option of
fine.
The accused used four companies, Gava Corporation Limited, Romrig
Nigeria Limited, PML Securities Company Limited and PML Nigeria Limited
to launder money.
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