In 2008, a Federal High Court sitting in Enugu had convicted the former governor for money laundering and ordered him to return N500m and three houses to the Federal Government as part of his plea bargain
A former Governor of Edo State, Chief Lucky Igbinedion, has reportedly spent three nights in the cell of the Economic and Financial Crimes Commission over alleged theft of N1.6bn belonging to the State.
According to reports, Igbinedion, who was taken into custody on Thursday afternoon, was still being quizzed on alleged criminal diversion of the money belonging to the state while he was governor of his state between 1999 and 2007.
Information gathered revealed that the ex-governor was still answering questions on how the N1.6bn loan was misappropriated and allegedly used in settling debts incurred by his private firm.
Recall that in 2008, a Federal High Court sitting in Enugu had convicted the former governor for money laundering and ordered him to return N500m and three houses to the Federal Government as part of his plea bargain.
The court sentenced him to six months’ imprisonment with the option of a N3.5 million fine.
Igbinedion might face another round of criminal prosecution following the avalanche of evidence said to have been gathered by the EFCC in the case.
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