Fidelity bank card banner Emerald Energy Institute Camano banner

Igbinedion convicted over N25bn scam

By News Express on 30/04/2015

Gmail icon

Views: 2,467


Justice J. Liman of the Federal High Court Benin, Edo State, yesterday convicted Michael Igbinedion, younger brother to Lucky Igbinedion, former Edo State Governor, and Charles Eboigbodin.

The duo alongside their companies; Gava Corporation Limited; Romrig Nigeria Limited; PML Securities Company Limited and PML Nigeria Limited, were prosecuted on an 81-count charge of money laundering, misappropriation of funds and abuse of office brought against them by the Economic and Financial Crimes Commission (EFCC).

The convicts had pleaded not guilty when they were arraigned, setting the stage for a full trail.  In the course of trial, the prosecution called several witnesses to prove its case.

One of them, Mr. Ajoyo Sowale, an Accounts Officer with the Guaranty Trust Bank, identified various account statements and account opening documents of the convicts and confirmed to the court that several lodgements were made into the accounts, and that he printed the account statements and got them certified by the appropriate authority.

The parties adopted their written addressed in November14, 2014, while judgment was fixed for December 1, 2014. But a series of adjournments delayed the delivery of the ruling till April 29.

When justice Liman finally delivered his ruling today, he found the two accused persons guilty on some of the counts. The judge convicted Eboigbodin for money laundering on counts 50-59, while Igbinedion was pronounced guilty as charged on counts 79-81.

The judge however deferred the sentencing of the convicts till today.

•Photo shows Micheal Igbinedon

 

Source News Express

Posted 30/04/2015 04:05:27 AM

 

 

CLASSIFIED ADS

 

You may also like...
Elections: I’m happy and impressed with INEC’s preparations...

Energy experts give reasons for under-development in Niger...

Bandits take soldiers by surprise, kill 11

Ikpeazu meets Abia pensioners, promises regular payment

Old man caught with human skull, says ‘na...

Absence of witness stalls Saraki’s trial

FG bans importation of tankers, trailers exceeding 10...

Omo-Agege: APC chieftain Ogwilaya Sunny hails DSP at...

Angry women and youths attack Gov. Yero’s convoy...

HURIWA berates Okorocha over Owerri market demolition, killings...

Breaking: I’M STILL ALIVE, says Shekau look-alike in...

Weatherman predicts sunshine, hazy and cloudy conditions today...

 

Latest News South West monarchs move to save Osinbajo from impeachment Union Bank Chairman dies after brief illness Meet 11-year-old Nigerian boy who started smoking Indian hemp from age 9 •Says nothing wrong with it Bobrisky given ultimatum to repent or leave Nigeria Militants threaten to renew hostilities Nigeria’s democracy still an unfinished business — Fayemi •Asks military to be citizen-centred, friendlier to Nigerians Abia Poly sacks 258 workers Buhari’s Economic Advisory Council first class: Emir Sanusi Obuah to Rivers people: Help prevent flooding, avoid blocking water channels Local contractors to fix Kwara schools, hospitals’ projects 10 arrested, three arraigned in court for allegedly vandalising EEDC property Young Professionals berate alleged blackmailer of Justice Tsoho, call on the Body of Benchers to investigate his authenticity as a lawyer

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (541,737 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (443,531 views) Shameless Genevieve Nnaji exposes breasts in public (389,904 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,957 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (295,023 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,810 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (250,011 views) 10 cars more expensive than Jets (238,681 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,702 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,735 views) Lagos plane crash: Journalist releases victims’ names (196,047 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,622 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,451) Business Verdict (80) Columnists (1,112) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (813) Global Business Monitor (442) ICT Monitor (63) International (3,964) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (414) News (51,484) Opinion (1,360) Pidgin (17) Politics (11,453) Religion (1,102) Sports (2,170) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera