A Ghanaian and 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 James Ibori, the former governor of Nigeria’s oil-producing state of Delta.
Ibori is serving 13 years in a British jail after pleading guilty last year to 10 counts of fraud and money-laundering. He is the most senior Nigerian politician to be held to account for the corruption that has blighted Africa’s most populous country and top oil producer, where the case is being closely watched.
PM News..
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