An investment banker who laundered millions of dollars for James Ibori - the former Governor of Delta State in Nigeria – has been hit with a £7.3 million confiscation order.
A National Crime Agency financial investigation into 60-year-old Ellias Nimoh Preko began after he was convicted of money laundering in December 2013 for handling funds plundered from Delta State by Mr Ibori. He was sentenced to four and a half years.
At Southwark Crown Court earlier this week, the judge ordered Mr Preko to pay back £7,324,268.41 within three months or serve a ten-year default prison sentence.
Kim Kitney, head of finan...
