Federal High Court presided over by Justice Mohammed Liman has reserved sentence for today on the money laundering case involving the younger brother of former Edo State governor, Mr Michael Igbinedion.
Liman yesterday reserved sentence after reading the text of his over 300-page ruling which took over three hours of reading.
It would be recalled that Liman had on Tuesday failed to deliver judgment on the case that had been on for over three years.
In his judgment delivered on Wednesday, Liman had found Igbinedion and Eboigbodin not guilty of some of the charges.
While the first accused, Eboigbodin was found guilty of counts 50 – 59, Igbinedion was found guilty of three-count charge of 79 – 81.
On the counts in which the accused were discharged, Liman held that they lacked evidence to origin of illicit transactions.
Nigerian Pilot reports that the younger Igbinedion along with five others are being tried on an 81-count charge on money laundering.
The N25 billion money laundering case was instituted against the accused, Patrick Eboigbodin and their four companies, by the Economic and Financial Crimes Commission, EFCC.
Michael served as the personal assistant to his elder brother, Lucky, who was governor, while Eboigbodin was a former Accountant-General. The four companies, Gava Corporation Limited, Romrig Nigeria Limited, PMI Securities Company Limited and PML (Nigeria) Limited were theirs.
They were arraigned on an 81-count charge bordering on money laundering, misappropriation of funds, conspiracy and abuse of office, when Igbinedion was Governor of the state between 1999 and 2007.
It would be recalled that the former governor had earlier been arraigned over a related matter. He was freed by the court after a plea bargain.
Delivery of judgment in the case that had been on for over three years had had suffered severally postponements.


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