‘Sorry, there’s no money left’

A former Goldman Sachs banker who helped a corrupt Nigerian politician hide a fortune in offshore accounts has told a court the £7.5m prosecutors are claiming has all been spent. Ellias Preko, 60, used his ‘gold-plated credentials’ to launder at least £3m plundered by James Ibori, the former governor of Africa’s oil-rich Delta State. Preko, a Ghanaian national and Harvard graduate, used his ‘expertise and veneer of respectability’ to flush the dirty money out of Nigeria. He was jailed for…