Friday, 1 May 2015

Micheal Igbinedion Convicted For N25b Money Laundering

The youger brother of Lucky Igbinedion, a former Governor of Edo State, Micheal Igbinedion was on 29th of April, convicted by a Federal High
Court in Benin in a N25 billion money laundering case instituted against him and five others by the Economic and Financial Crimes Commission, EFCC.


The offence was committed during the administration if his brother when he was a Governor of Edo State between 1999 & 2007.


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 and PML ( Nigeria) Limited.

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