* Former banker Preko jailed for 4-1/2 years * Convicted of laundering ex-governor Ibori’s money * Offences committed after Preko left Goldman Sachs Former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court on Monday for laundering $5 million on behalf of […]
Tag: James Ibori
UK court to restart $145-million Nigeria asset-confiscation case
A British court hearing in which prosecutors were seeking the confiscation of 90 million pounds ($145 million) in assets they say belong to a corrupt former Nigerian oil state governor ended inconclusively on Monday and will start afresh next year. James Ibori, who was governor of oil-producing Delta State in […]
Ibori gave me $15m bribe in bag -Ribadu
Desperate to halt a probe into his finances, former Delta State Governor James Ibori tried to bribe anti-corruption boss Nuhu Ribadu in 2007 with $15m in cash in a bag so heavy one man alone could not lift it, Ribadu told a London court on Thursday. Reuters quoted Ribadu as […]
