Fidelity bank banner Bayelsa State banner
Babalakin rubbishes EFCC, says “Let’s meet in court; I am not on the run”

By News Express on 17/01/2013

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,859


Lagos lawyer and businessman, Wale Babalakin (SAN), has rubbished claims by the Economic and Financial Crimes Commission (EFCC) that he has gone underground ahead of his scheduled arraignment today in connection with criminal conspiracy and money laundering to the tune of N4.7 billion on behalf of the convicted former Delta State governor, Chief James Ibori.

Speaking last night on phone to the Lagos-based ThisDay, Babalakin, who is the Chairman of Bi-Courtney Highway Services Limited, berated the EFCC for declaring him wanted when he is very much around and ready to meet the anti-graft agency in court.

“I have been in regular touch with the EFCC and have reported to the commission every other day,” he said, adding:

“Even Mr. Ilyasu Kwabai, an operative of the commission, called me at 5:30 p.m. today (Wednesday), instructing that I should be in court tomorrow (Thursday).

“So there is no basis for declaring me wanted because I have consistently complied with the administrative bail terms and I will be in court tomorrow (Thursday) at 8:00 a.m.”

Also, in a statement issued on his behalf by the spokesman of Bi-Courtney, Mr. Dipo Kehinde, the businessman said he was not on the run to warrant being declared wanted. Kehinde said that as a law abiding citizen his boss would appear in court today.

The statement read: “We do not understand the game that the EFCC is playing. This is nothing but a deep political game. Since Babalakin came out of the hospital, he has reported at the EFCC office in Lagos more than five times. He was also there on Tuesday. He is currently on administrative bail.

“He is not a man on the run. We have a date in court tomorrow (Thursday), but the EFCC wants to jungle justice. Babalakin was in touch with the EFCC by 5 pm today (Wednesday).

“They asked him to report at their office tomorrow (Thursday) before he goes to court. Yet tonight (Wednesday night), they declared him wanted.”

The EFCC had yesterday in a statement said of Babalakin: “The businessman, who was supposed to report to the commission today preparatory to his arraignment on a 27-count criminal charge before Justice Adeniyi Onigbanjo of the Lagos High Court tomorrow, January 17, 2013 failed to do so, and has gone underground.”

The agency described Babalakin as being dark-complexioned and speaks English and Yoruba fluently. It directed anyone with useful information on his whereabouts to contact the EFCC at its Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers: 09-4604620, 070-26350721,070-26350722,070-26350723,070-6350724, 070-26350725; or e-mail address: info@efccnigeria.org or the nearest police station.

“Babalakin,” according to ThisDay, “was charged before Justice Onigbanjo of the Lagos High Court in Ikeja on a 27-count charge for conspiracy, retention of proceeds of a criminal conduct and corruptly conferring benefit on account of a public action.

“The offences, according to the commission, are contrary to Section 17(a) of the Economic and Financial Crimes Commission (Establishment) Act 2004.

“Efforts to arraign the defendants were stalled on November 29 and December 12 last year after Babalakin’s counsel told the court that he had been admitted at the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos.

“At the last adjourned date of the case, Justice Onigbanjo had fixed January 17 for further hearing into the case due to the purported ill-health of the first defendant.

“Babalakin was charged alongside Alex Okoh, Stabilini Visioni Limited, Bi-Courtney Limited and Renix Nigeria Limited for fraudulently transferring N4.7 billion on behalf of Ibori.

“The anti-graft commission had alleged that the defendants fraudulently assisted Ibori to transfer various sums, through various parties, to an Erin Aviation Account in Mauritius for the purchase of a Challenger Jet aircraft.

“Babalakin had on two occasions attempted to thwart his arraignment at the Federal High Court in Lagos but failed as both applications were struck out.”

•Photo: Babalakin.

Source News Express

Posted 17/01/2013 1:44:05 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Port Harcourt Electric accuses Oyigbo Youths of throwing...

The Supreme Court VS the Nigerian people, By...

BREAKING NEWS: Ex-Diamond Bank chief in police net...

How I will destroy Nigeria —IPOB Leader Nnamdi...

Russia 2018: Super Eagles lose 0-1 to Czech...

89-year-old man, 3 others jailed for land grabbing...

Varsity researchers record breakthrough, beg FG to abandon...

Buhari, DSS guilty of state terrorism, Intersociety tells...

Dickson, Bayelsans mourn, as pioneer Military Administrator dies...

Village court orders abandoned wife to live with...

Lessons From Murtala Nyako’s Fall, By Olusegun Adeniyi...

Bureaux de Change operators reject CBN’s mandatory dollar...

 

Latest News Abia State: Welcome to the new economic frontier of Nigeria, By Sam Hart Money Politics: Lessons from Ekiti governorship election, By Pelumi Olajengbesi Ace Broadcaster Lara Owoeye-Wise loses mother Why kidnappers are after me — Mikel Obi’s father •Opens up on strained relationship with Mikel Buhari, APC, governors woo Saraki with juicy offers 9 family members perish in boat mishap Apostle Sulaiman under attack over failed prophesy on Ekiti election Osinbajo orders 72-hour joint operation to clear Apapa traffic gridlock Killings, greatest threat to Nigeria’s existence — Dickson I’m no longer in APC, Gov. Ortom insists Alex Otti back in the race for Abia governorship Dino Melaye suspends inauguration of projects

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (363,358 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,100 views) Shameless Genevieve Nnaji exposes breasts in public (287,496 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,920 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,225 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,916 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (187,012 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,962 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,552 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,261 views) Lagos plane crash: Journalist releases victims’ names (148,035 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,155 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,364) Business Verdict (48) Columnists (890) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,153) Interview (158) Live Commentary (28) Love Matters (127) News (37,325) Opinion (1,024) Pidgin (10) Politics (5,631) Religion (788) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement