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N25bn fraud: Igbinedion, others know fate today

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After several postponements, a Federal High Court, Benin City, will today rule in the N25billion money laundering charge filed against former Edo State Governor, Lucky Igbinedion, his brother, Michael and his aide, Charles Eboigbodin by the Economic and Financial Crimes Commission, EFCC.
Justice J. Liman had adjourned the matter till today for ruling.
It was the second adjournment of the long awaited ruling.
On Friday, April 17, 2015, the judge’s failure to deliver judgment was hinged on judges’ Easter vacation.
Words were passed to counsel that the ruling would be delivered at the last adjourned date.
But when the matter was called, Justice Liman rather than give his ruling, called counsel into his chamber to inform them that the judgement was not ready.
Several months after the counsel adopted their final addresses, and readopted their written addresses, the judgment is yet to be given, raising concerns on when it would be done.
Igbinedion, Eboigbodin and their companies: Gava Corporation Limited; Romrig Nigeria Limited; PML Securities Company Limited and PML Nigeria Limited, were arraigned by the EFCC on an 81-count charge bordering on money laundering, misappropriation of funds, conspiracy and abuse of office.


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