Lagos Court Frees Babalakin over N4.7bn Fraud

A Lagos state high court has freed Wale Babalakin, the chairman of Bi-Courtney Limited over N4.7bn fraud allegations.

The Economic and Financial Crimes Commission (EFCC) accused Babalakin and Alex Okoh of laundering N4.7 billion on behalf of James Ibori, the convicted former governor of Delta state.

More to follow…

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About Unknown

Deji Sadiq, a.k.a DEJI OF LAGOS is a LASU trained Economist turned freelance journalist, a Blogger, an information strategist, a public affairs analyst and a committed activist with a passion for equal opportunities.