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Igbinedion Gets 6-year Jail Term Over Money Laundering - Crime (3) - Nairaland 4z4b28

Igbinedion Gets 6-year Jail Term Over Money Laundering (43283 Views)

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olumidazz: 5:49pm On Apr 30, 2015
so I am permitted to embezle 500 billion as long as I have an option of fine of 10m instead of doing the term..... let's go there
Gamesmart: 5:50pm On Apr 30, 2015
AndreRose:
Our judicial system is stil functioning afterall.
Hope its not just talk that he will serve his punishment

Dahjhi:
Really? Nah the news we go hear but won't really know when they started serving the jail . Hish. Laws nah only for commoners here.

Keep on dreaming he would go to jail.
vislabraye(m): 5:51pm On Apr 30, 2015
AndreRose:
Our judicial system is stil functioning afterall.
Hope its not just talk that he will serve his punishment

He was given an option of 3 million naira fine. So there's nothing to rejoice over. 3m is just a tiny fraction of 25bn naira undecided
Pebcak: 5:51pm On Apr 30, 2015
BIG SHAME Steal N25Billion pay N3Million
was the N25Billion recovered, why can't he pay a fine more than or equal to what he stole
thats 0.012% of what he stole
Michael Igbinedion, a younger brother to former governor Lucky Igbinedion, was sentenced to two years imprisonment on each of the three count charges. He was however given an option N3 million fine.
Gamesmart: 5:51pm On Apr 30, 2015
olumidazz:
so I am permitted to embezle 500 billion as long as I have an option of fine of 10m instead of doing the term..... let's go there

That is Nigerian law for you.
SLYBABA(m): 5:52pm On Apr 30, 2015
The guy is a freeman O! Nairalanders read up the story line properly. He has an option of 3million naira to pay for laundering 20billion naira! What an Option! What a country[/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][/size][size=8pt][size=8pt][/size]
ObiOkpor(m): 5:53pm On Apr 30, 2015
Pavore9:


Partner ke? Stolen money na serious curse, l thank God for the kobo kobo whey dey enter my pocket as l sleep peacefully at night as my conscience is clear before God and Man as l earn my sustainance. cheesy cheesy cheesy
Confirm! That‘s the standard bro.
stonecoldcafe: 5:53pm On Apr 30, 2015
ozoigbondu:
Very light sentence don't be suprised if he is out after 3 yearsangry

He was even given an option of 3 million

*****spits on judicial system***** angry

Really, really. How can one steal billions and have the option to pay 3million naira in fine. This is very sad. Our judiciary has been compromised as well.
vislabraye(m): 5:54pm On Apr 30, 2015
write2obi:
So if he pays 3m out of the 25b he is free to go . Nice undecided

Yes nah. Its a good deal. 3m is not up to 0.1% of what he stole. In fact people who pay tithe will find this ridiculous..
Marvinspeed(m): 5:55pm On Apr 30, 2015
You still #25billion, you get jail bail of #3million how many times do u think dat amount will cover for bail. Those of you saying GMB will put people behind bars should look at our constitution and check the amounts given as bail for several offences. You will weep. Change can only come from the Judicial system not from chants.
#My2kobothoughts.
yomzzy(m): 5:56pm On Apr 30, 2015
That judge is mad. 3 million naira fine for someone that stole 25 billion. He will pay right there after the verdict. Mtecwww
rexzqcom(m): 6:04pm On Apr 30, 2015
Riversides2003:
Please in cases like this there should not be an option of fine, imagine someone stealing large sums of amount getting an option of 3 million .

Is a joke. Paying less than he stole.
That 3million is less than the interests the stolen money would have accumulated to date.
onatisi(m): 6:06pm On Apr 30, 2015
wachakuta:
CHANGE CHANGE CHANGE
it is obvious this ur change slogan is be clouding ur sense of normal reasonable reasoning to the extent that you didn't even take time to read the article. Somebody laundered or stole 25BILLION NAIRA , and he is sentenced to 6YEARS BUT GETS THE OPTION OF PAYING JUST 3MILLION to go scot free and you are shouting change !!!!!!!! Smh . Better wake ur ur senses to the realities of what is happening and about to happen.
Re: Igbinedion Gets 6-year Jail Term Over Money Laundering by Nobody: 6:06pm On Apr 30, 2015
Dragonking:
.


[size=19pt]Read the write up properly. He is a free man. He was given option of N3m fine payment..The guy will pay once and walk home free.

This country judiciary system is useless!!!![/size]

Great!! How did that skip my sight?! God go punish them!!!
jaymantin(m): 6:08pm On Apr 30, 2015
Arrant nonsense! Somebody who stole billions was being given option of N3m...there is God ooo
tall2ce(m): 6:09pm On Apr 30, 2015
CHANGE
DONFASZY(m): 6:09pm On Apr 30, 2015
Punch of pathetic fools...if poor man steal N100,dis same judge will sentence him to death by hanging or fine of 5million
olu77(m): 6:10pm On Apr 30, 2015
AndreRose:
Our judicial system is stil functioning afterall.
Hope its not just talk that he will serve his punishment

Did you read the rest of this trash of a judgement at all? He has option of payinf 3million naira fine
AndreRose(f): 6:11pm On Apr 30, 2015
olu77:


Did you read the rest of this trash of a judgement at all? He has option of payinf 3million naira fine
just saw it. Nigeria is something else.
Re: Igbinedion Gets 6-year Jail Term Over Money Laundering by Nobody: 6:12pm On Apr 30, 2015
buygala:
Really?

If they actually go to jail, I will trek from Maiduguri to Berlin undecided


They have a right of appeal to the higher courts, so their lawyers will immediately appeal against the decision and then apply for their bail pending appeal, and then proceed to frustrate the Prosecution's case until the right bribe gets into the right hands and the case is either abandoned or the conviction is quashed embarassed

POINT IS.... THOSE THIEVES ARE STILL VERY FAR FROM JAIL cry cry


Lol. Billionaire thieves don't go to jail sha. It happens worldwide
obailala(m): 6:16pm On Apr 30, 2015
[size=13pt]With an option of N3million fine?[/size] angry angry angry angry

WHat kind of jungle do we live in?... i was almost about to rejoice over this news. undecided undecided
AndreRose(f): 6:16pm On Apr 30, 2015
laplace12:


which functioning? grin

You sure didn't read the article. The guy has an option of N3m to escape jail after laundering N25b

The hapless aide was slammed 20yrs without option.
I thought wrong. Smh
Nnwaoma(m): 6:20pm On Apr 30, 2015
Dragonking:
.


[size=19pt]Read the write up properly. He is a free man. He was given option of N3m fine payment..The guy will pay once and walk home free.

This country judiciary system is useless!!!![/size]
Judiciary is not oly useless but rottenend , the 25 billion was not be refund. .I think they share from the balance somehow.
Re: Igbinedion Gets 6-year Jail Term Over Money Laundering by Nobody: 6:21pm On Apr 30, 2015
I have always maintained that no govt can fight corruption successful without a review of current constitution that favors the rich.

6years only for 25bn.



In another news: http://www.punchng.com/news/eatery-worker-jailed-266-years-for-stealing-n8m/

Eatery worker jailed 266 years for stealing 8m. If only she had money to buy plenty SANs to defend her.

Buhari will fight corruption indeed

1 Like

qualityovenbake(m): 6:23pm On Apr 30, 2015
Decryptor:


This your Naira code no work o
caught me. gringringrin. D code just fall my hand, I quickly modify.
Desmondkk(m): 6:23pm On Apr 30, 2015
So Michael d money wen ur papa nd ur senior broda( lucky)don steal from our pox never still do,na ur turn nw..haba na una dey bear d name Edo state?God don punish u....dem suppose give u life imprisonment. See him nose....ozuor
funstufz(m): 6:24pm On Apr 30, 2015
lalasticlala:



http://www.pmnewsnigeria.com/2015/04/30/money-laundering-igbinedion-gets-6-year-jail-term/

3million naira fine option for a N25billion money-laundering 6-year jail term...
Little wonder corruption thrives in the land...
Rick9(m): 6:25pm On Apr 30, 2015
Money Laundering, if you steal N25 Billion Naira just 2 or 3 Years Jail term and an option of N3 Million fine, very simple pay the fine and go home and enjoy your money
But steal N10,000 - 15yrs jail term with no option of fine. Nigeria judicial system shall.
@Topic I thought it was Lucky Igbinedion
gfullmoon(m): 6:25pm On Apr 30, 2015
They'll explore the fine option and go scot free. It is here not Nigeria again?
momentum85(m): 6:29pm On Apr 30, 2015
25b minus 3m equals 24.7b. D guy still get excess money na. D truth is this is no justice simple.
lilcashking(m): 6:32pm On Apr 30, 2015
It's only in nigeria were person will steal 25billion and be given option of 3million fine,what is 3m if u compare it to 25b
989900: 6:32pm On Apr 30, 2015
ozoigbondu:
Very light sentence don't be suprised if he is out after 3 yearsangry

He was even given an option of 3 million

*****spits on judicial system***** angry

I just feel like stealing right now!

Steal N25B payback N3M . . . judge, are you serious?!!! cry

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