An ex-Goldman Sachs banker convicted of money laundering has been ordered to pay $9 million

An ex-Goldman Sachs banker convicted of money laundering has been ordered to pay $9 million

An ex-Goldman Sachs investment banker who was convicted of money laundering in 2013 has been issued a confiscation order for £7.3 million, or $9 million.

Ellias Nimoh Preko, who helped funnel millions of dollars for a former state governor in Nigeria, must make the payment within three months or serve a 10-year prison sentence.

Preko dealt with West African clients at Goldman but left in 2001.

Markets Insider

https://markets.businessinsider.com/news/stocks/ex-goldman-sachs-banker-9-million-money-laundering-fine-2019-9-1028505333

Ex-Goldman Sachs investment banker ordered to pay back £7.3 million – National Crime Agency

https://www.nationalcrimeagency.gov.uk/news/ex-goldman-sachs-investment-banker-ordered-to-pay-back-7-3-million