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December 24, 2012

AT LAST! Wale Babalakin Arrested By EFCC


After weeks of hide-and-seek, the Economic and Financial Crimes Commission (EFCC) on Monday arrested fugitive businessman, Wale Babalakin shortly after he left the Lagos University Teaching Hospital (LUTH) where he had sought refuge on the pretext illness.

The Bi-Courtney boss was picked up for his alleged involvement in fraud running into billions.

From what Olufamous.com gathered from credible sources, Babalakin has been detained at the Ikoyi office of the anti-corruption agency. However, insiders say he might be granted an "administrative bail" again, pending his arraignment in January, 2013.

6 comments:

  1. What will be the outcome of this arrest. Sweep under the carpet. Have we convicted any "so-called" high profile person in this country before? Abeg the guy don chop his own part of national cake.

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  2. This is just another waste of time & tax payer's money bicos this crook/baster will bribe his way to freedom through d corrupt judiciary system just like Iboro.It is only a bloody revolution that will stop these mess and wipe these bastards and their families way.God is watching.

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    Replies
    1. True talk.He will bribe his way to freedom very soon just like Ibori did b4 d British government did what 9ja was unable to do and locked that basted up.

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  3. Abeg make dem leave Babalakin the man has done a lot for this country........Niyi

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  4. The arrest means nothing to Nigerians.Presidency and EFCC can keep the arrest for themselves.This is not new and will either be last story in Nigeria.After all,under carpet is waitting for them to sweep d matter under it after getting their own cut from the dude.May God save Nigeria.

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  5. All bcos he was giving Lagos Ibadan Road project to rehabilitate with the money they know was stolen now chasing shadow bcos he is an AKAgum

    ReplyDelete

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