A guilty verdict has been passed today, on former Goldman Sachs Banker, Ellias Preko, by a British jury at the Southwark Crown Court

CEOAFRICA gathered that Mr. Preko will be sentenced later today having been found guilty on two counts of money laundering as well as forgery for aiding jailed former governor of Delta State, James Ibori in schemes that saw him create several shell companies that help Ibori launder at least $7 million.

Mr. Preko a Ghanaian national who first met James Ibori in 1997 was said to have helped him create Guernsey-based shell companies through which Ibori bled his state.

Mr. Preko was said to have left Goldman Sachs in 2001 as Ibori was completing his second year in office as governor.

Ibori was sentenced to 13 years in jail in 2012 after he pleaded guilty to money laundering charges brought against him by British prosecutors.