Money Laundering: Michael Igbinedion Sentenced

The Federal High Court in Benin City, the Edo State capital, has set Thursday, 30 April, 2015 for the sentence of Michael Igbinedion, the younger brother of Edo State former governor Lucky Igbinedion.

Michael Igbinedion was convicted of three and seven count charges bothering on money laundering, misappropriation of funds and abuse of office.

Michael Igbinedion

Michael Igbinedion

Michael, together with Eboigbodin and their companies; Gava Corporation Limited; Romrig Nigeria Limited; PML Securities Company Limited and PML Nigeria Limited were arraigned by the Economic and Financial Crimes Commission (EFCC) on 81- count charge.

According to reports, the judgement was read for close to four hours, after which the presiding judge, Justice J. Liman, called for a recess. The sitting was later called a day.

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