How former Edo Governor, Igbinedion, lost N3.3billion to Venezuelan conmen

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Found this investigative report on Premium Times …very interesting. Read below…

Mr. Igbinedion, who stole his state blind while he was governor, has now been scammed of billions by Venezuelan fraudsters in a classic 419 deal

Nemesis may have finally caught up with ex-convict and former Governor of Edo State, Lucky Igbinedion, as he has lost over N3.3 billion to Venezuelan fraudsters, in a deal that bears all the marks of a classic 419 scam, Premium Times can authoritatively reveal.

Court documents seen by Premium Times also suggest that Mr. Igbinedion may be insolvent, as two US-based law firms have walked away from a $600 million lawsuit he instituted against the alleged mastermind and the Venezuelan state owned oil company, Petroleos De Venezuela S.A (PDVSA), over his inability to pay retainer as low as  N627,000.00 ($3,800.00).

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