Younger Brother to Former Gov.Lucky Igbinedion Convicted Over Money Laundering

The Younger brother to former governor of Edo state, Michael Igbinedion,was today, Wednesday,convicted by a Federal High Court, Benin Division, presided over by Justice A. M. Lima, 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.
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The offence was committed during the administration of his brother, Lucky as Governor of Edo State between 1999 and 2007.
Reading the judgment that lasted for over three hours, Justice Lima
Michael Igbinedion was convicted on counts 79, 80 and 81 which bothered on collecting cash payment above N500,000.00, while ‎Patrick and PML (Nigeria) Limited were convicted on count 50, 51, 52, 53, 54, 55, 56, 57, 58 and 58 which bothered on collaboration to conceal origin of funds amounting to millions of naira paid into their private accounts.
Justice Lima however reserved their sentenced till Thursday, 30 April.