Sentence cut for man who laundered money in Jersey
A man from India found guilty of laundering £28 million in Jersey has had his prison term reduced.
Raj Bhojwani laundered money from a business deal with a late Nigerian military dictator through the Jersey branch of the Bank of India.
He appealed against both his conviction and eight-year jail sentence, handed down by the Royal Court last March.
On Thursday he was given credit for good character and his eight-year sentence was reduced to six years.
He was arrested three years ago while trying to catch a flight to the United States.
In March last year, he was found guilty on two counts of converting money of criminal proceedings and one count of removing that money from Jersey, contrary to the Proceeds of Crime in Jersey Law.