goldman sachs

Africa

Ibori: Ex-Goldman Sachs banker jailed

Former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court on Monday for laundering $5 million on behalf of James Ibori, the former governor of Nigeria’s oil-producing state of Delta. Ibori is serving 13 years in a British jail after pleading guilty last year to 10 counts of fraud and money-laundering. He is…