In a follow-up to a story dated 26 January 2010, Indian businessman Raj Arjandas Bhojwani has been found guilty of “greed and corruption on a massive scale” in Jersey’s Royal Court. For five weeks, in one of Jersey’s largest ever money laundering cases, the Royal Court heard how Bhojwani laundered US$43.9 million [about £29.1 million] – the proceeds of corrupt Nigerian vehicle deals – through Jersey bank accounts. Since Bhojwani’s arrest in 2007, a surety of around $50 million has been lodged with Jersey’s Viscount and the prosecution will now move to permanently confiscate those funds.

http://www.thisisjersey.com/2010/03/06/indian-businessman-found-guilty/

http://www.thisisjersey.com/2010/01/27/multi-million-dollar-money-laundering-trial-begins/