The chairman of Bi-courtney corporation, Mr. Wale Babalakin, who was facing a 27 count charge has been discharged by the Lagos High Court.
The Economic and Financial Crimes Commission (EFCC) had charged Wale Babalakin to court on charges ranging from conspiracy to helping former Delta state governor siphon state funds.
The EFCC alleged that the amount siphoned was to the tune of N4.7 billion. In delivering his ruling, Lawal Akapo said that “I find and I hold that the amended information dated May 7, 2013 is incurably bad and defective and it is struck out.”
The EFCC has indicated its desire to appeal the ruling once they go over the judgment
Subscribe to:
Post Comments (Atom)
Abducted Singer: Why We Suspected Police’s Attempt To Divert $200,000 Ransom – Record Label Boss Explains
The CEO of Eric Many Records, Dilly Umenyiora, has explained what transpired between him and the Delta State Police Command regarding the k...
-
President Bola Tinubu and Governor Babajide Sanwo-Olu of Lagos State have felicitated Oba Rilwan Akiolu of Lagos on his 80th birthday. In a...
-
Aspirants who participated in the last presidential primary election of the ruling All Progressives Congress APC are set to meet with the st...
-
A longtime media adviser Tunde Rahman of President Bola Tinubu has appointed as his senior special assistant (SSA) on media matters with 19 ...
No comments:
Post a Comment