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Dr. Wale Babalakin Arrested By EFCC Over James Ibori N2 Billion Money Laundering Case

wale babalakin arrested efcc james ibori

Nov 21, 2012 – Dr. Wale Babalakin Arrested By EFCC Over James Ibori N2 Billion Money Laundering Case

EFCC on Wednesday arrested Dr Wale Babalakin, a top Nigeria‘s senior advocate and the chairman of Bi-Courtney Highway Service over a N2 billion money laundering case involving UK-Jailed James Ibori.

Babalakin’s arrest follows the cancellation of his Lagos-Ibadan Expressway contract agreement with the Federal Government.

He was accused of aiding James Ibori launder N2 billion naira meant for the purchase of Bombardier Challenger Jet for Ibori.

Babalakin allegedly laundered the money through Mauritius.

His case hasn’t been officially assigned to a judge yet.

Stay in touch for update on his case.



  1. Benson Lawson Dickson

    November 22, 2012 at 1:07 AM

    O foolish Galatians! They got independence for us but they did not get freedom, God will punish all of you. As for you Wale you are still a slave because the leaders among slaves is still a slave; Thief, barao, oyochi, ole, we have to call a thief a thief, whether he is a governor or president, Wale Babalakin o~l~e.

  2. aj ponpin

    November 22, 2012 at 11:49 AM

    @ administrator u mean 2million naira or dollars ,pounds

  3. sadiq suleiman

    December 21, 2012 at 5:05 PM

    I believe that the government is blaming Dr.Wale Babalakin because I think he didn’t do anything wrong α̲̅πϑ maybe because he got a contract for the ibadan expressway you guys are treatened by him α̲̅πϑ now forming this stories so that he can back down

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