Wale Babalakin Declared Wanted By The EFCC

Jan 16, 2013 – Wale Babalakin Declared Wanted By The EFCC

Nigerian anti-corruption agency, EFCC has declared Lagos business tycoon Wale Babalakin wanted. naijagists.com

According to a press release issued by the Economic and Financial Crimes Commission, EFCC, today, the business mogul has varnished into thin air following allegations of corruption and misappropriation of funds.

He is set for arraignment on Thursday January 17, 2013 but he has failed to report to the agency in preparation for his arraignment.

If you sight Wale Babalakin please give EFCC a call through the contact information at the end of this press release – said an official of the anti-corruption agency

Below is the detail PR from EFCC

The Economic and Financial Crimes Commission, EFCC has declared the Chairman of Bi-Courtney Highway Services Limited, Wale Babalakin wanted in connection with a case of Criminal Conspiracy and Money Laundering to the tune of N4.7billion.

The businessman who was supposed to report to the Commission today preparatory to his arraignment on a 27 count criminal charge before Justice Adeniyi Onigbanjo of the Lagos High Court tomorrow, January 17, 2013 failed to do so, and has gone underground.

Babalakin is dark-complexioned and speaks English and Yoruba fluently.
Anybody having useful information as to his whereabouts  should contact the Commission in its Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers: 09-4604620,  070-26350721,070-26350722,070-26350723,070-6350724, 070-26350725 ; or e-mail address: [email protected] or the nearest Police Station.

Wilson Uwujaren
Ag. Head, Media & Publicity
16th January, 2013