"The judge's findings concerning Ellias Preko relate to activities years after his departure from Goldman Sachs," the bank told Markets Insider in an email.
Preko attempted to open accounts for Ibori while working there, but they weren't authorized, according to Reuters. Goldman is not accused of wrongdoing, as the crimes took place after Preko left the firm.
Preko subsequently left Goldman, signed up Ibori as a client, and established corporate vehicles for him that received $3.9 million in funds stolen from Delta, the NCA said.
The bank severed ties with Ibori and other African clients in 2001 over suspicions about their activities, the NCA said. The Ghanaian banker and Harvard graduate dealt with West African clients at Goldman. A Southwark Crown Court judge ruled this week that Preko must make the payment within three months or serve a 10-year prison sentence, the agency said. Preko was sentenced to 4 1/2 years in prison in 2013 for helping James Ibori, the former governor of Nigeria's Delta state, funnel millions of dollars, the UK's National Crime Agency said.
Preko dealt with West African clients at Goldman but left in 2001.Įllias Nimoh Preko, a former Goldman Sachs investment banker convicted of money laundering, has been slapped with a confiscation order demanding that he pay £7.3 million, or $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.Įllias 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.