N25bn Fraud: Again, court defers ruling on case against Igbinedion

Michael Igbinedion

A Federal High Court in Benin City, Edo State, has again postponed ruling in the N25 billion money laundering charge filed against Michael Igbinedion, younger brother to a former governor of Edo State, Lucky Igbinedion.

The Economic and Financial Crimes Commission arraigned Mr. Igbenedion for alleged money laundering, misappropriation of funds, conspiracy and abuse of office.

The presiding judge, J. Liman, adjourned ruling to April 27, making it the second time in less than a week, as the case was stalled on Friday due to an extended Easter break for judges.

When the case bordering on an 81-count charge was called, Mr. Liman, rather than give his ruling, called the counsels into his chamber to inform them that ruling was not ready.

On March 10, counsels had to re-adopt their earlier adopted written addresses in line with the constitutional provision that, “after 90 days of adopting written addresses, if judgment is not delivered, the judge can summon the parties to re-adopt”.

Messers. Igbinedion and Eboigbodin and their companies – Gava Corporation Limited; Romrig Nigeria Limited; PML Securities Company Limited and PML Nigeria Limited were also joined in the case brought before the court by the EFCC.

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