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Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori - Crime - Nairaland

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Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Flashvite: 6:28pm On Sep 04, 2019
A former Goldman Sachs banker, Ellias Preko, who helped the former governor of Delta State, James Ibori, to hide funds in offshore accounts has been ordered to pay back £7.3m or face 10 years more in jail.

Preko, a 60-year-old Ghanaian had been convicted and jailed for four and a half years back in 2013 for his role in the fraud.

Judge David Tomlison ordered Preko to pay back £7,324.268.41 following a confiscation hearing.

Preko has three months to repay the money or he could face another 10 years in jail, reports Daily Mail.

Preko, who represented himself, told the court in a previous hearing much of the cash had been spent on election campaigning back in his native Ghana.

He said he had run as a candidate for the centre-right NPP party back in the mid-2000s.


Preko explained that Ghana is predominantly a cash-based society and that few receipts exist for his campaign spending.

Ibori was jailed for 13 years in 2012 after he admitted to stealing state funds during his two terms in office as a governor.

The court heard how he pocketed up to £160 million from government treasuries.


https://punchng.com/return-7-3m-or-face-10-years-in-jail-court-tells-ex-banker-who-helped-ibori/

5 Likes

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Richdad50(m): 6:43pm On Sep 04, 2019
shocked

The proceeds from crime never settles in a belly. If you want to cheat, make sure you cheat death, not people. If you must lie, then lie down to sleep, but don’t lie to people. If you need to beg, then beg God for forgiveness, don’t beg people for money. And if you are must boast, boast only of God’s love for you.

Dont be in too a hurry to make a bad wealth. Practice the art of regularly thinking alone. Ideas are shy. They won’t come to you if you're always surrounded by people. Leave your phone. Take a notepad. Go to your closet, pray, then meditate and 'ideate'. As you 'ideate', God will fill your mind with wealth bringing ideas.

Richdad

104 Likes 5 Shares

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by ZikZikZik: 6:43pm On Sep 04, 2019
Richdad50:
shocked
For once I thought I made FTC only to see your comment angry

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by WalkerMichael(m): 6:43pm On Sep 04, 2019
Great judgement! THIEVES

1 Like 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Itzpetersv: 6:43pm On Sep 04, 2019
Y
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by MANNABBQGRILLS: 6:44pm On Sep 04, 2019
Ibori was jailed for 13 years in 2012 after he admitted to stealing state funds during his two terms in office as a governor.

The court heard how he pocketed up to £160 million from government treasuries.

It is appalling to see that we still have some youths seeing these Ibori and other sets of criminals as Role models.
Well, what do expect when most of them are into yahoo yahoo business.
That is why you see them online castigating the president daily.
Criminals supported by fraudsters.
You see them abusing the EFCC for arresting their yahoo colleagues day in day out.
Lazy Mofos.

Y'all will end in jail or pay with your lives when karma strike back.
Y'all can't escape it.
NEVER!


Ornament2003:
And thief James Onanafe Ibori, an ex-convict, is a mentor to some people on Nairaland forum.
What a world.!!!
You know them too!
It is appalling!

13 Likes 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by donprinyo(m): 6:44pm On Sep 04, 2019
G
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by handsomeclouds(m): 6:44pm On Sep 04, 2019
Hmnnn
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by grandstar(m): 6:45pm On Sep 04, 2019
I wonder how much of it is really left. All Nigeria needs is to.import these sought of judges and the jails will be brimming with fat crooks.

Whether it will substantially reduce corruption0It will be hard as they'll have to.jail almost everyone. Theyll be extremely overworked and a huge stash of unfinished cases.

The society is simply too corrupt

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by patorial(m): 6:45pm On Sep 04, 2019
Is it the fund they lavished te teh
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by SimSify(m): 6:46pm On Sep 04, 2019
Of the £160 Million . Remind me again how much did Ibori return?

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Richdad50(m): 6:46pm On Sep 04, 2019
shocked
ZikZikZik:
For once I thought I made FTC only to see your comment angry
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by ayodaisi: 6:46pm On Sep 04, 2019
Pls give am 30 years ibori associate

1 Like 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by ZikZikZik: 6:46pm On Sep 04, 2019
Richdad50:
shocked
I dey vex angry

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by FuckThaMod: 6:46pm On Sep 04, 2019
Give him life imprisonment.. Nigerians be causing problems for Nigeria and Ghanaians will follow too angry

4 Likes

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Hypnotism: 6:47pm On Sep 04, 2019
I am mystified I tot PDP the party founded by the devil itself do not steal, it is only Buhari APC that steal ? - Ipob youth.

4 Likes

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Pelaiye2703(m): 6:48pm On Sep 04, 2019
Come to think of it, Ibori is now a free man. We’ve failed as a nation.
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Millerules(m): 6:48pm On Sep 04, 2019
Lol. Go and serve ur time! €£7.3m frm where
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by blackboy2star(m): 6:48pm On Sep 04, 2019
Awon yam eaters, someone's hero... Ibori Jaguda ole...

4 Likes 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Beverlyjean(f): 6:48pm On Sep 04, 2019
I'll rather face the 10 yrs

4 Likes

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Flexherbal(m): 6:53pm On Sep 04, 2019


Preko, who represented himself, told the court in a previous hearing much of the cash had been spent on election campaigning back in his native Ghana.

He said he had run as a candidate for the centre-right NPP party back in the mid-2000s
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by MANNABBQGRILLS: 6:53pm On Sep 04, 2019
Hypnotism:
I am mystified I tot PDP the party founded by the devil itself do not steal, it is only Buhari APC that steal ? - Ipob youth.
Gbam!
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Nobody: 6:55pm On Sep 04, 2019
And thief James Onanafe Ibori, an ex-convict, is a mentor to some people on Nairaland forum.
What a world.!!!

3 Likes

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by IronPant(m): 6:57pm On Sep 04, 2019
Beverlyjean:
I'll rather face the 10 yrs
No be by mouth sha

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by icon007(m): 6:58pm On Sep 04, 2019
These are the real thieves. Sars efcc will be pursuing the minor thieves. See Ghana showing example. As for us, we celebrant them... Hiss

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by MANNABBQGRILLS: 6:58pm On Sep 04, 2019
Ornament2003:
And thief James Onanafe Ibori, an ex-convict, is a mentor to some people on Nairaland forum.
What a world.!!!
It's just so sad!
Na dem dem.....

1 Like 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by erico2k2(m): 6:59pm On Sep 04, 2019
Ornament2003:
And thief James Onanafe Ibori, an ex-convict, is a mentor to some people on Nairaland forum.
What a world.!!!
yesooo 9ja is messed up, look at Tinibu not even charged to court, our we not wonderfully corrupt??

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Nobody: 6:59pm On Sep 04, 2019
MANNABBQGRILLS:
[/b]
It is appalling to see that we still have some youths seeing these Ibori and other sets of criminals as Role models.
Well, what do expect when most of them are into yahoo yahoo business.
That is why you see them online castigating the president daily.
Criminals supported by fraudsters.
You see them abusing the EFCC for arresting their yahoo colleagues day in day out.
Lazy Mofos.

[b]Y'all will end in jail or pay with your lives when karma strike back.
Y'all can't escape it.
NEVER!



You know them too!
It is appalling!
same president that see abacha as a role model?

1 Like

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by MANNABBQGRILLS: 7:02pm On Sep 04, 2019
niaralandtopuser:

same president that see abacha as a role model?

2 Likes 1 Share

Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by daddytime(m): 7:06pm On Sep 04, 2019
Kasa Preko.
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by tillaman(m): 7:07pm On Sep 04, 2019
Jail him and his entire fam
No forget to Jail Shatta Bandle join since that one sef dey form billionaire grin grin
Re: Return £7.3m Or Face 10 Years In Jail, Court Tells Ex-banker, Who Helped Ibori by Nobody: 7:10pm On Sep 04, 2019
[quote author=MANNABBQGRILLS post=81923177][/quote]
buhari is using some peoples brain as manure for his ruga. even a so-called professor was place incharge of ruga and he could not figure out what is going on.

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