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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