22.8 C
New York
Thursday, July 18, 2024

Alleged N11.5 Billion Fraud: EFCC Drags Alao-Akala To Supreme Court

Must read

Adebayo Alao-Akala, a Former governor of Oyo state, has filed an interlocutory appeal before the Supreme Court, seeking an adjournment of the N11.5 billion fraud case filed against him by the Economic and Financial Crimes Commission, EFCC.

His co-defendants, Hosea Ayoola Agboola and Femi Babalola, a member of the Peoples Democratic Party, PDP, in Oyo State, filed similar applications.

Adebayo Alao-Akala, A Former governor of Oyo state

As a result of the development, the trial of the defendants, which was scheduled to commence on Monday before Justice Muniru Owolabi of an Oyo State High Court at Iyaganku, Ibadan, was stalled.

The EFCC said the alleged crime was committed when Alao-Akala was governor of Oyo State between 2007 and 2011, during which Agboola served as Commissioner for Local Government and Chieftaincy Matters.

Babalola was said to be the owner of Pentagon Engineering Service, a firm allegedly involved in the execution of some controversial contracts.

Counsel for Alao-Akala and Babalola, Hakeem Afolabi, SAN, informed the court that his clients had filed an interlocutory appeal on the matter before the Supreme Court, and sought an adjournment in order to await the decision of the apex court.

He said the applications were dated April 7, 2018, and filed on April 9, 2018, adding that they were anchored on 10 grounds. He also prayed the court to allow the defendants to go and “sin no more even though they are not sinners,” quoting some pronouncements of the Supreme Court.

Counsel for Agboola, Richard Ogunwole, SAN, aligned himself with the two applications, saying the interlocutory appeal in the Supreme Court would terminate the proceedings at the high court. Justice Owolabi adjourned the case till June 4, 2018, for ruling on the applications.

Alao-Akala and the other defendants are facing 11 counts bordering on conspiracy, awarding contract without budgetary provision, obtaining by false pretence, acquiring property with money derived the rom illegal act and concealing the ownership of such property.

Read more at The Nation

More articles

- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -Top 20 Blogs Lifestyle

Latest article