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Alleged N4.7bn fraud: EFCC closes case in Ladoja’s trial

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Alleged N4.7bn fraud: EFCC closes case in Ladoja’s trial

The Economic and Financial Crimes Commission (EFCC) yesterday closed its case in the alleged N4.7 billion fraud case it slammed on a former Governor of Oyo State, Senator Rashidi Ladoja and one of his aides, Waheed Akanbi.

 

The duo were on December 14, 2016, re-arraigned by the anti-graft agency before Justice Mohammed Idris of a Federal High Court in Lagos on an 8-count charge of money laundering con-  trary to Section 17(a) and punishable under Section 14(1) of the Money Laundering (Prohibition) Act, 2004.

 

At Tuesday’s proceedings, Ladoja’s lawyer, Bolaji Onilenla, had while crossexamining an Abuja-based investigator with the commission, Abubakar Aliu Madaki, urged the court to admit a newspaper publication, dated July 3, on a petition against the witness, wherein he was accused of corruption in a criminal charge preferred against him in Nasarawa State.

 

Despite opposition from the EFCC’s lawyer, the publication was admitted as an exhibit by the court. EFCC’s lawyer, Oluyinka Olabisi, had equally while examining the witness sought to tender the defendants’ statements as exhibits saying they were retrieved by the witness in the course of investigating the matter. Opposing Olabisi’s request, the defence lawyers, Bolaji Onilenla and A. Olumide- Fusika, contended that time was not yet ripe for such action.

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