Daily Trust (Abuja)

Nigeria: Court Stops EFCC From Arraigning Babalakin

By Mohammed Shosanya, 30 November 2012
Photo: This Day
Chairman of Bi-Courtney Limited, Dr. Wale Babalakin

Lagos — A Lagos Federal High Court yesterday stopped the Economic and Financial Crimes Commission (EFCC) from proceeding with arrangements to arraign Chairman of Bi-Courtney Group Dr. Wale Babalakin over alleged money laundering.

Justice Mohammed Idris, in his ruling on an ex-parte motion, granted leave to Babalakin to apply for prohibition order barring the anti-crime agency from perfecting plans to arraign him before the Lagos State High Court, Ikeja.

He said that the leave, according to Order 34 Rule 3 (6) of the Federal High Court Civil Procedure Rules, should operate as a stay of all actions relating to the arraignment.

He adjourned the matter to December 12 for hearing of the motion on notice for interlocutory injunction against the EFCC and the Attorney General of the Federation.

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A federal high court has stopped the Economic and Financial Crimes Commission from going on with plans to arraign Chairman of Bi-Courtney, Wale Babalakin, on money-laundering ... Read more »