• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

      Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Cross-Border Investment

  • National
    • Police Officer

      Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina

      NDLEA arrests ex-footballer for drug trafficking

      NDLEA Arrest Ex-Nigerian Footballer, 72-Year-Old Grandma, Others Over Illicit Drugs Trafficking

      Malam Yusuf Abubakar Dingyadi

      Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

      NDLEA Logo

      Drug Culture in Nigerian Music: When Art Imitates Harm By Arafat…

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

    • Government
      • Malam Yusuf Abubakar Dingyadi

        Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

        Ambassador Yusuf Maitama Tuggar

        Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

        A brief travelogue by Fredrick Nwabufo

        Mrs. Didi Esther Walson-Jack

        18 Workers, Two MDAs Honoured as Federal Civil Service Week Ends

        The Chair WCO Bashir Adewale Adeniyi having a conversation with fellow colleagues.

        Nigerian Customs Boss Elected Head of World Customs Body

  • Security
    • Police Officer

      Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina

      Plateau Delegation Visits Zaria Over Mangu Killings

      Anambra Police Arrest Man for Masterminding Friend’s Abduction, Collection of N5.3m…

      Police Officer

      FCT Police Arrest Notorious Robbery, Kidnapping Kingpin in Abuja

      Military Troops during operations

      No Place for Drugs in the Barracks — Army Commander Declares

  • Features
    • NDLEA Logo

      Drug Culture in Nigerian Music: When Art Imitates Harm By Arafat…

      Ambassador Yusuf Maitama Tuggar

      Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

      A brief travelogue by Fredrick Nwabufo

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

      Rear Admiral Ayo Olugbode,

      Mapping Nigeria’s Maritime Future: The $10 Million Hydrographic Drive By Kabir…

  • State
    • Plateau Delegation Visits Zaria Over Mangu Killings

      Anambra Police Arrest Man for Masterminding Friend’s Abduction, Collection of N5.3m…

      Police Officer

      FCT Police Arrest Notorious Robbery, Kidnapping Kingpin in Abuja

      Military Troops during operations

      No Place for Drugs in the Barracks — Army Commander Declares

      Delta police warn against indecent dressing, roll out punishments for offenders

  • Event
    • EFCC Witness: Yahaya Bello Had No Property Dealings With EFAB

      Hon. Rukayat Motunrayo Shittu (RMS), with PRNigeria Ladies in PR I'm Abuja

      Rukayat Shittu Set to Publish Inspirational Book “Cracking the Glass Ceiling”,…

      Chief Cornelius Olatunji Adebayo

      Former Kwara Governor, Chief Adebayo, Dies at 84

      Managing Editor of Image Merchants, Mr Abdulrahman Abdulraheem, PR Expert, Celestine Achi and the Editor-in-chief, Yushau Shuaib presenting the book to PRNigeria center

      PRNigeria Commends New Book on Artificial Intelligence in Public Relations

      Celestine Achi, AI in PR specialist

      IAAIEL Appoints Celestine Achi to Drive Strategic AI Communications

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption Money Laundering: Babalakin Seeks To Frustrate Fresh EFCC charges
  • Anti-Corruption

Money Laundering: Babalakin Seeks To Frustrate Fresh EFCC charges

By
Wilson Uwujaren
-
May 11, 2015
EFCC
EFCC

Billionaire lawyer and Chief Executive of Bi-Courtney Limited, Chief Wale Babalakin has approached a Federal High Court, Lagos for an ex-parte order to top the Economic and Financial Crimes Commission, EFCC, from arresting or prosecuting him for alleged corruption and money laundering.

Justice Lateef Lawal-Akapo of a Lagos State High Court sitting in Ikeja, had on February 23, 2015 discharged Babalakin, who along with Alex Okoh, Stabilini Visioni Limited, Bi-Courtney Limited and Renix Nigeria Limited, was being prosecuted by the EFCC for alleged N4.7bn scam.

But, rather than appeal Justice Lawal-Akapo’s ruling, the EFCC had settled for fresh charges against Babalakin and his co-accused. The fresh information to prosecute Babalakin and others was filed at the Federal High Court, Lagos on April 21, 2015.

Read Also:

  • FG Officials Arrives S’Arabia for Business Mogul Aminu Dantata’s Burial in Madinah
  • Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina
  • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

Babalakin, however, got wind of the new development, thus prompting him to rush to the Federal High Court, on April 29, 2015 for a leave to grant him an order prohibiting the EFCC from arresting, detaining or arraigning him on the ground that the Lagos High Court had already exonerated him.

In the ex parte application before Justice J. T Tsoho, Babalakin is asking the court for an order, “restraining EFCC and the Attorney General of the Federation from taking any steps to arraign or proceed with the arraignment or trial of the applicant on the same or similar charge or under the same or similar law or similar subject matter, which charge ID/239/C/2012 was instituted by the respondent and quashed by the High Court of Lagos State pending the hearing and determination of the application.”

When the application came up today for consideration, EFCC counsel, Rotimi Jacobs, SAN, noted that the prosecution was not served with the notice.

The court consequently adjourned till May 25, 2015 for arguments.
Legal experts have said that the EFCC is on course to file fresh charges against Babalakin, since Justice Lawal-Akapo merely struck out the earlier charges against him on technical ground.

Wilson Uwujaren
Head, Media & Publicity
11th May, 2015

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Babalakin
Previous articleRe: HURIWA Accuses Lamorde of Persecuting Officials
Next articleIGP Collaborates With Police Service Commission
Wilson Uwujaren
Wilson Uwujaren
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

EFCC Sacks 27 Fraudulent Officers for Misconduct

Court Okays EFCC’s Request to Freez 67 Bank Accounts Over Alleged Fraud

Official_JAMB_logo

JAMB, NRC Top ICPC Integrity Ranking

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • FG Officials Arrives S’Arabia for Business Mogul Aminu Dantata’s Burial in Madinah
  • Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina
  • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal
  • Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade
  • Plateau Delegation Visits Zaria Over Mangu Killings
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
FG Officials Arrives S'Arabia for Business Mogul Aminu Dantata’s Burial in MadinahPolice Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, KatsinaCustoms Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance DealNigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate TradePlateau Delegation Visits Zaria Over Mangu KillingsAnambra Police Arrest Man for Masterminding Friend's Abduction, Collection of N5.3m RansomFCT Police Arrest Notorious Robbery, Kidnapping Kingpin in AbujaNo Place for Drugs in the Barracks — Army Commander DeclaresDelta police warn against indecent dressing, roll out punishments for offendersCDS Flags Off Student Task Forces to Tackle Extremism in North-EastNDLEA Arrest Ex-Nigerian Footballer, 72-Year-Old Grandma, Others Over Illicit Drugs TraffickingPolice Nab Anambra Man for Plotting Friend’s Kidnap, ₦5.3m RansomArmy Troops Ramp Up Nationwide Operations, Arrest Suspects, Recover  WeaponsDon’t Allow Ugochinyere Destabilise House of Reps, PDP Group tells Speaker AbbasTroops thwart attack as communal clash erupts in Benue communities
X whatsapp