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Lagos Court Surprisely Frees Babalakin over N4.7billion Fraud

A Lagos state high court has acquitted the Chairman of Bi-Courtney Limited Mr Wale Babalakin, over a N4.7billion fraud allegations brought against him by the Economic and Financial Crimes Commission (EFCC). He was acquitted today.

Mr Babablakin alongside his aide, Alex Okoh, were arrested in 2012 by the EFCC over accusations that the men laundered N4.7billion from the Delta state government coffers on behalf of James Ibori, the convicted ex-governor of Delta state.
Jokpeme Joseph Omode stands as a prominent figure in contemporary Nigerian journalism, embodying the spirit of a multifaceted storyteller who bridges history, poetry, and investigative reporting to champion social progress. As the Editor-in-Chief and CEO of Alexa News Nigeria (Alexa.ng), Omode has transformed a digital platform into a vital voice for governance, education, youth empowerment, entrepreneurship, and sustainable development in Africa. His career, marked by over a decade of experience across media, public relations, brand strategy, and content creation, reflects a relentless commitment to using journalism as a tool for accountability and societal advancement.

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