Lucky Igbinedion
Former Governor of Edo State Lucky
Igbinedion's, younger Brother, Michael was on Thursday sentenced to a six-year jail term for N25bn money
laundering offences by a Federal High Court in Benin, Edo State. An aide of the ex-governor, Patrick Eboigbodin, was also convicted for 20 years for the same offences.
The governor’s brother was given an option of N3m fine for three counts on which he was
found guilty to avoid going to jail.
However, the ex-governor's aid, Eboigbodin was not given an option of fine.
The
two convicts and four companies were arraigned by the Economic and
Financial Crimes Commission on an 81-count charge of money laundering
during the tenure of Lucky Igbinedion as governor. The four companies are Romrig Nigeria Limited, PML Securities Company Limited, Gava Corporation Limited, and PML Nigeria Limited.
The judge also ordered that the assets of PML Limited be forfeited to the Federal Government and
also pay a fine of N250,000.
