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Tuesday, December 10, 2013

Family panics as another Ibori banker is jailed for helping him steal $5 million

Ibori
Another victim has joined the long list of those convicted in the UK, for helping disgraced ex governor of Delta State, James Ibori to launder stolen money out of Nigeria. Mr. Elias Preko, a former Goldman Sachs banker was recently sentenced to four- and-a-half years in prison by a London court for laundering $5 million on behalf of James Ibori, Reuters has reported.
This conviction has further compounded the unending woes of Ibori, who is currently serving 13 years in a British jail after pleading guilty last year to 10 counts of fraud and money laundering.
Preko, 54, a Harvard graduate is the fifth of Ibori's associates to be jailed for assisting his corruption after the ex governor's wife, mistress, sister and lawyer were all separately convicted by British courts in previous trials.

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