Home / News From Nigeria / Local News / Lagos Court Frees Babalakin over ₦4.7billion alleged Fraud

Lagos Court Frees Babalakin over ₦4.7billion alleged Fraud

A Lagos state high court has acquitted the Chairman of Bi-Courtney Limited Mr Wale Babalakin, over a N4.7billion misrepresentation affirmations brought against him by the Economic and Financial Crimes Commission (EFCC). He was cleared today.
babalakin

Mr Babablakin close by his helper, Alex Okoh, were captured in 2012 by the EFCC over allegations that the men pocket N4.7billion from the Delta state government coffers in the interest of James Ibori, the sentenced ex-gov. of Delta state.

About Lolade

VI

Viral Video

Support Ooduarere

SUPPORT OODUARERE
Scan QR code below to Donate Bitcoin to Ooduarere
Bitcoin address:
1FN2hvx5tGG7PisyzzDoypdX37TeWa9uwb
x

Check Also

“They Changed Her Name, Stole Her Freedom, But Could Never Take Africa From Her: The Unforgettable Story of Àbáké”

“They Changed Her Name, Stole Her Freedom, But Could Never Take Africa From Her: The Unforgettable Story of Àbáké”

Matilda McCrear lived long enough to become a human bridge between Africa, American slavery, and the modern era. Born in West Africa around 1857, she was captured as a toddler and transported across the Atlantic aboard the Clotilda in 1860—the last known ship to bring enslaved Africans illegally into the United States. Her Yoruba name was Àbáké, meaning “born to be loved by all.” The facial scars on her left cheek, preserved in photographs, marked her as Yoruba. The voyage ...