
Justice Lima also sentenced Patrick Eboigbodin, an aide to the former governor Lucky Igbinedion to 20 years imprisonment, in addition to a fine of N250,000 on a 10-count charge.
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.
All the jail terms of the convicts are to run concurrently.
PML Securities Limited, one of the companies allegedly used by the convicts to launder the funds, was ordered to fold up and forfeit all its assets to the federal government.