September 6 2019
Investment banker Ellias Nimoh Preko 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.
The National Crime Agency financial investigation into 60-year-old Preko began after he was convicted of money laundering in December 2013 for handling funds plundered from Delta State by Ibori. He was sentenced to four and a half years.
