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More troubles for Bi-Courtney as sister company may lose N4.8bn road contract in Ondo

Wale Babalakin, [Photo: punchng.com]

Court gives Wale Balalakin one month to seek quashing of N4.7 bn fraud charge

byBen Ezeamalu
February 25, 2013
1 min read

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Wale Babalakin is being prosecuted for alleged involvement in money laundering of N4.7 billion

A Lagos High Court has adjourned hearing till March 27 to allow billionaire lawyer, Wale Babalakin, consolidate his applications intended to quash the criminal charges against him.

Mr. Babalakin, founder of Bi-Courtney Nigeria Ltd, had applied to stop his prosecution on the grounds that the court lacked the competence to try him.

He also stated that the charges brought against him by the Economic and Financial Crimes Commission, EFCC, is an abuse of judicial process and had been used for his “oppression.”

The adjournment is to enable him harmonize both applications.

Details coming soon…

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Ben Ezeamalu

Ben Ezeamalu

Ben Ezeamalu is an Assistant Managing Editor and the Head of Lagos Operations/Metro Editor at PREMIUM TIMES. A graduate of Microbiology from the University of Jos, Ben won the 2015 Africa Fact-Check Awards and was a runner-up in the 2014 CNN/Multichoice African Journalists of the Year. Twitter: @callmebenfigo.

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