Barely 48 hours after the Federal Government cancelled the Lagos-Ibadan Expressway concession granted to his company, Bi-Courtney Highway Services, over three years ago, the Economic and Financial Crimes Commission (EFCC) yesterday filed a 20-count charge against its chairman/chief executive, Dr. Wale Babalakin (SAN), at the Lagos High Court.
THISDAY learnt that the charges border on Babalakin's alleged involvement in the laundering of about N2 billion belonging to the Delta State Government on behalf of its former governor, Chief James Ibori, who is currently serving a 13-year jail term in the United Kingdom.
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