Friday, May 1, 2015

Michael Igbinedion sentenced to 6 years imprisonment over N25bn scam but gets an option of N3m fine

 Note this: I stumbled to this story on Linda ikeji blog and i said i must share it to make some point here and to tell you how Nigeria judiciary system ruined Good luck regime.
The law of the land is outdated and i know that politicians will not like to be jailed no matter the crime or fraud they committed.
Ok let us amend the law like this if you are convict of stolen any amount,your bail option should be that you have to pay 1000 percent  of the amount in question, every one million or one billion goes for ten million or ten billion. that's only way to get it right not an option of three million for 25billion and no option for an ordinary poor Aid!
This is injustice, we need to help this country and our Judiciary system need a serious attention.
Here is the story after the cut...



Michael Igbinedion, younger brother of former Edo state governor, Lucky Igbinedion was today sentenced to 6 years imprisonment for charges bothering on money laundering. Michael, alongside one Mr Patrick Eboigbodin, an aide to former Governor Lucky Igbinedion were dragged before a federal high court in Benin city on an 81 count charge bordering on money laundering said to be carried out while Lucky Igbinedion was still governor of Edo state.

Delivering his judgement, Justice A.M Liman sentenced Michael Igbinedion to 6 years imprisonment with an option of fine of N1million for each of the three counts 79, 80 and 81, for which he was convicted. Mr Eboigbodin was sentenced to 20 years imprisonment without an option of fine.


The accused used four companies, Gava Corporation Limited, Romrig Nigeria Limited, PML Securities Company Limited and PML Nigeria Limited to launder money.


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