Igbinedion Convicted Of Money Laundering

    Michael Igbinedion, the younger brother of Lucky Igbinedion,
    a former governor of Edo state, was today, 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.
    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 when he was the Governor of Edo State between 1999 and 2007.

    The judge however reserved their sentence till tomorrow, Thursday, 30th April.

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