Wale Babalakin’s Travails: How Much Land Does A Man Want? By Professor Olumide K. Olusegun-Obayemi

Wale Babalakin
By Professor Olumide K. Olusegun-Obayemi, LL.M., SJD.*

I.          INTROUCTION: How Much Land Does a Man Need?
 
Let us introduce Dr. Bolanle Olawale Babalakin. Wale Babalakin was born on July 1, 1960, to the family of Hon. Bolarinwa Babalakin, retired justice of the Supreme Court from Gbongan, Osun State, Wale Babalakin attended Sacred Heart Primary School, Ibadan, and later proceeded to Government College, Ibadan, GCI, now in Oyo State, at the age of 10.

 
Let us come back to the theme of this work: "How Much Land Does a Man Require?" (Russian: Много ли человеку земли нужно?, Mnogo li cheloveku zemli nuzhno) is an 1886 short story by Leo Tolstoy about a man who, in his lust for land, forfeits everything.
 
The protagonist of the story is a peasant named Pahom, who at the beginning can be heard complaining that he does not own enough land to satisfy him. He states that "if I had plenty of land, I shouldn't fear the Devil himself!". Unbeknownst to him, Satan is present sitting behind the stove and listening. Satan abruptly accepts his challenge and also tells that he would give Pahom more land and then snatch everything from him. A short amount of time later, a landlady in the village decides to sell her estate, and the peasants of the village buy as much of that land as they can. Pahom himself purchases some land, and by working off the extra land is able to repay his debts and live a more comfortable life.
 
However, Pahóm then becomes very possessive of his land, and this causes arguments with his neighbours. "Threats to burn his building began to be uttered." Later, he moves to a larger area of land at another Commune. Here, he can grow even more crops and amass a small fortune, but he has to grow the crops on rented land, which irritates him. After buying and selling a lot of fertile and good land; finally, he is introduced to the Bashkirs, and is told that they are simple-minded people who own a huge amount of land. Pahóm goes to them to take as much of their land for as low a price as he can negotiate. Their offer is very unusual: for a sum of one thousand rubles, Pahóm can walk around as large an area as he wants, starting at daybreak, marking his route with a spade along the way. If he reaches his starting point by sunset that day, the entire area of land his route encloses will be his, but if he does not reach his starting point he will lose his money and receive no land. He is delighted as he believes that he can cover a great distance and has chanced upon the bargain of a lifetime. That night, Pahóm experiences a surreal dream in which he sees himself lying dead by the feet of the Devil, who is laughing.
 
He stays out as late as possible, marking out land until just before the sun sets. Toward the end, he realizes he is far from the starting point and runs back as fast as he can to the waiting Bashkirs. He finally arrives at the starting point just as the sun sets. The Bashkirs cheer his good fortune, but exhausted from the run, Pahóm drops dead. His servant buries him in an ordinary grave only six feet long, thus ironically answering the question posed in the title of the story.
 
II.        DR. WALE BABALAKIN, SAN IS A BLESSED MAN WITH A RICH AND ILLUSTRIOUS PEDIGREE
 
Dr. Wale Babalakin does not need any introduction. Recent publications show that he is one of the top 25 richest Nigerians. He is reputed to worth about $$100 million. He is a Senior Advocate of Nigeria—the highest echelon of the Nigerian Legal Profession. He is a personal friend of the two immediate presidents of Nigeria: Retired General Olusegun Obasanjo and Late Alhaji Umar Yar’ Adua. Babalakin is the owner of the richest Construction Firm (Bi-Courtney) in Nigeria (although Wale is a lawyer). Babalakin holds, in addition to his law degree, both Masters and Doctoral degrees.
 
More importantly, Wale’s father, Retired Justice Bolarinwa Babalakin was an Associate Judge of the highest court in Nigeria—the Nigerian Supreme Court.
 
Wale was surely born with a silver spoon and he also earned his own reputation.
 
Why would Dr. Wale Babalakin throw all that away with recent allegations of financial impropriety by the Abacha government, and, lately, by the Nigerian EFCC under Jonathan government?
 
For some people, having a High Court Judge as a father is enough reputation to protect forever. It appears, for Wale, that he would go down and be remembered as a money launderer.
 
III.       WALE BABALAKIN’S EDUCATIONAL AND PROFESSIONAL BACKGROUND.
 
Dr. Wale Babalakin attended the University of Lagos, Nigeria, where he obtained an LL.B (Hons.) in 1981. He thereafter proceeded to the University of Cambridge, where he obtained an LL.M in 1983 and a Ph.D in 1986. He was a Commonwealth Scholar of the University of Cambridge, 1984-1986. Dr Wale Babalakin was admitted to the Nigerian Bar in 1982.
 
Babalakin is a member of the Body of Benchers, which is the highest legal body regulating the affairs of legal practitioners in Nigeria. He is an active member of the Nigerian Bar Association (NBA), where he is currently the Chairman of both the Committee on Construction and Real Estate under the Section on Business Law and the Committee on Government Practice under the Section on Legal Practice. He is also a member of the International Bar Association. He was appointed by Chief Olusegun Obasanjo, former President of the Federal Republic of Nigeria as Chairman of the Constitutional Drafting Sub-Committee of the National Political Reforms Conference in 2005; Member, National Political Reforms Conference in 2005 and Vice Chairman of the Committee on the Review of the Evidence Act CAP 112 Laws of the Federation of Nigeria 1990 in 2005. Dr. Babalakin is currently the Pro-chancellor of the University of Maidugri and Chairman, Committee of Pro-Chancellors of Nigeria Federal Universities. Dr. Babalakin is the Senior Partner of the firm.
 
Dr. Babalakin was conferred with the rank of Senior Advocate of Nigeria in 2002.
 
He was also conferred with the National Honour of Officer of the Federal Republic (OFR), in February 2008. In 2007 he was appointed as the Honorary Special Adviser on Legal Matters and General Counsel to the former President of the Federal Republic of Nigeria, late Alhaji Musa Yar’dua.
 
Dr. Babalakin has considerable experience in Litigation, Arbitration, Real Estate law and Project Finance. He has acted in high profile Commercial Arbitrations proceedings and Civil Litigations in disputes arising from various sectors of the Nigerian economy. He has conducted trials and appeals in all our courts, from the courts of first to the Supreme Court in matters of significant constitutional national importance and equally in commercial transactions that cut across the entire gamut of Nigeria’s economy- construction, real estate, oil and gas, telecoms, maritime, aviation, banking and financing.
 
Dr. Babalakin has worked with Federal and several State Governments in conceptualizing transactions to support the development of infrastructure and investment in the country. He led the team of legal consultants to a state government for the building of an international airport in Nigeria, a multimillion dollar project. He is currently leading the team representing a state government in an arbitration claim arising therefrom.
 
Dr. Babalakin led the team of lawyers who represented the Nigerian National Petroleum Corporation in a $100 million dollar claim in arbitral proceedings for the determination of contractual rights and obligations of the Corporation. Dr. Babalakin also led the team of lawyers in a landmark election petition case which resulted in the appointment of one of Nigeria’s Senate Presidents. He is also acting as lead Counsel in arbitral proceedings on behalf of a state owned oil company, in a billion dollar claim.
 
IV.       1ST ARREST BY GENERAL ABACHA’S GOVERNMENT
 
Wale’s first arrest stemmed from his involvement with Stabilini Visinoni, began in 1989 when he contracted the company to help him construct a multi-purpose 10-storey building on Campbell Street, Lagos Island (Akuro House: my friends/colleagues--late Olamide Kajero and Mr. Dennis Emamode Omorojor worked there). By the end of that project, he had become very friendly with the directors in the company. Thus, he awarded another major project to them that is now known as Bruno Sheriff Gardens, Ikoyi. When the owners of the company decided to sell off their controlling shares in the company in 1992, Babalakin stepped in with a N10 million offer and was made a director. In 1999, he became the substantive chairman of Stabilini Visinoni, making him the first Nigerian to steer the Italian company’s activities.
 
But Stabilini Visioni failed to perform some contracts that were awarded by the Federal Government. Thus, Dr. Babalakin was held for sometime during the Abacha regime.
 
V.        2ND ARREST: MONEY LAUNDERING AND FAILED CONTRACTS: IBORI’S MONIES, MURITALA MUHAMMED AIRPORT TERMINAL AND LAGOS/IBADAN EXPRESSWAY
 
On May 10, 2000, the terminal one building of the Murtala Muhammed Airport, Lagos was gutted by fire. Dr. Wale Babalakin’s company, Bi-Courtney lost the bid to re-build the structure to Royal Sanderton. Though he lost the bid to work on the project, he was still focused and dogged about his determination to help give Nigeria a facelift. This must have influenced the Federal Government to re-award the contract to his company in 2003 when the initial winner reneged on contractual obligations.
 
Bi-Courtney’s contract was to be on built, operate and transfer arrangement (BOT). On Saturday, April 7, 2007, after seven years the terminal was destroyed and four years after the contract was awarded to them, the new state-of-the-art Murtala Muhammed Airport, Terminal 2 was commissioned.
 
Bi-Courtney also won the contract for the concession of the Lagos Ibadan Expressway, and plans to build a world class inter state expressway
 
As to the money laundering charges, the EFCC has told the court that Wale Babalakin helped James Ibori to steal Delta State blind. It is stated that at the twilight of his two-term rule in Delta State, jailed former governor, James Ibori, executed a heinous fraud that ripped the oil rich state of several billions in a high-web scam that left blurry traces. He needed a private airplane. A supplier was located in the South African nation of Mauritius. Between May and December 2006, several millions of dollars of state funds were funneled to the company through multiple third parties. According to the EFCC, at the center of the several strings of huge scale fund transfers, in breach of federal and state financial laws, was the revered lawyer—Dr. Bolanle Olawale Babalakin. Babalakin, was identified by investigators as the same person as the current chairman and owner of the controversial infrastructure management consortium, Bi-Courtney, according to court papers bearing charges filed against Wale.
 
The documents, tell a troubling story of the terrific corruption Delta State endured under Mr. Ibori. It presents, for the first time, what seems the unknown portrait of Babalakin, a feisty businessman with hands in so many controversial deals. Court documents show that in a fast-paced twist lasting just days, Babalakin’s firm, Bi-Courtney, awarded the concession of the Lagos-Ibadan Expressway for three years, has now lost the job in November 2012, and the Chief Executive Officer now faces charges of corruption.
 
In a 27-count at a Lagos High Court, the Economic and Financial Crimes Commission, EFCC, said Babalakin and associates, including Bi-Courtney construction group, Stabilini, Renix Nigeria Limited, and a certain Alex Okoh facilitated the fund transfers to Mauritius under the pretext of funds for a construction contract for the state. Between May and December of 2006, the EFCC said, more than 24 transfers were made to the company, Erin Aviation, for the supply of a Challenger Jet Aircraft. The first transfer occurred on May 3 and involved the sum of N145.5 million while the final transfer involved $2 million on November 17, 2006. Further transfers were executed through little-known firms, namely, Interactive Technologies, Sopetrol Oil, Casaka Nigeria Company limited, Geofluids limited, ABS limited and Hyundai heavy Industries Nigeria limited, by Mr. Babalin and his companies for Mr. Ibori, the commission said.
 
In all the transfers, Babalakin and his associates, the court papers said, knew the funds were the proceeds of corrupt conduct by Mr. Ibori. The revelations provide a new layer to the events involving Bi-Courtney.
 
Babalakin lost the Lagos-Ibadan expressway contract. After a frustrating three years as the concessionaire of the key Lagos-Ibadan expressway, a long-awaited revocation of the contract was announced by the federal government in November 2012.
 
Further, in November 2012, the Ondo State also signaled another N4.8 billion contract handled by another of Mr. Babalakin’s companies could also be cancelled.
 
Also, at a House of Representatives meeting in November 2012, Works Minister, Mike Onolememen, characterized Bi-Courtney as a firm versed in violating procedures and agreements. Such breaches, the minister said, informed the decision of the federal government to terminate the three-year-old Lagos-Ibadan road contract.
 
In charges before the court, it is alleged that while fronting for contracts from the Delta State Government, Bi-Courtney, Stabilini and Renix, served as a conduit for frittering state fund into foreign accounts. The EFCC said Mr. Babalakin, and companies he had interest in, including Bi-Courtney, played a major in helping Mr. Ibori transfer these funds using surrogate companies. To quote the charges:
 
“That you, Dr. Bolanle Olawale Babalakin, Stabilini Visioni limited and Bi-Courtney Ltd between May 2006 and December 2006 within the jurisdiction of this Honourable Court did corruptly confer benefit on former Governor James Onanefe Ibori to Wit: the sum of N1, 356, 600, 000.00 (One Billion, Three Hundred and Fifty Six million six Hundred Thousand Naira),  on account of contracts awarded by Delta State Government to Stabilini Visioni limited by transferring the said Sum through various third parties to Erin Aviation account in Mauritius for the purchase of Challenger Jet Aircraft by the Said James Onanefe Ibori,” one of the 27-count charge reads.
 
The London Metropolitan Police, which successfully investigated Mr. Ibori leading to his conviction, also assisted with the investigations, with at least three visits to Nigeria by its officials since Mr. Babalakin’s suspicious involvement in the scam began, sources at the commission said.
 
Those who have been to both the airport and the freeway to Ibadan from Lagos can state the level of performance by Babalakin
 
VI.       CONCLUSION
 
Of course, Babalakin is presumed innocent of the charges.
 
As one of the young lawyers in the early 1990’s who wanted to work with Wale’s law firm, I hope that he is innocent. But he must stop hobnobbing with shady characters. Money can not buy a good name. Whether the charges can stick is not our concern in this piece of work. We are most concerned as to why a person so blessed can allow all goodwill to filter away carelessly. How much land, money, influence etc does Wale want?
 
Doing business in Nigeria is perilous—it is for people such as Iyiola Omisore, Dangote, Adenuga etc and not (we say—NEVER) for a lawyer who is a SAN. The only way is down. Nigeria is Nigeria. In this vein, we shall advise him to consider Yemi Candide-Johnson, SAN (son of Hon Late Chief Judge of Lagos State Candide-Johnson) and Dr. Gbolahan Elias, SAN (son of the 1st Indigenous Chief Justice of Nigeria—Late Hon. Taslim Olawale Elias). Like Wale Babalakin, these two also have great pedigrees, school in Great Britain, were admitted into the Inns of Courts in England, had fathers who were great judges and excelled to be appointed as SANs, well. Yet, they have managed to protect their families’ names. There are also Dr. Konyinsola Ajayi, SAN and Anthony Idigbe, SAN, Babatunde Aiku, SAN to emulate.
 
Even, there are the younger generations, who have had opportunities to use their parents’ reputation to garner questionable riches, but, have chosen to stay clean.    There are Dr. Muhammad Akanbi, Ph.D. –the former Dean of University of Ilorin Law School (son of Retired Hon Mustapha Akanbi—former President of the Nigerian Court of Appeal) and Dele Belgore, SAN (son of Retired Chief Judge of the Nigerian Federal High Court)
 
With abundant opportunities laid before Wale Babalakin, he does not need to carouse with persons of shady characters like Ibori & co. as our elders say: “a lamb that mingles with strayed dogs will eat excreta”.
 
Tongues have been wagging that the Ikeja High Complex constructed by Babalakin has broken down within a year of completion and that the amenities and infrastructures do not work. Everybody is afraid of stepping on the Retired Justice’s toes. Wale’s friends should advise him about the impression that his business escapades is doing to his reputation
 
He may not be found guilty by the court of law as we expect, but the court of public opinion is there: from what we hear, the verdict has been given long time ago.
 
Those close to Wale should speak to him: How much land/riches does he want, and, at what expense? We are praying for my mentor and an enigma, as well as the flowery and intelligent Dr. Bolanle Olawale Babalakin, SAN to come out of the present trials-- innocent. But he must restrict himself to the practice of law only.
 
The author, Professor Olumide K. Olusegun-Obayemi, LL.M., SJD. (Obayemi was recently appointed as an Associate Professor of Law, Lagos State University, Nigeria)
 

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@ Femi You're Wrong: The Guy is Right to Use the Title of Prof

The guy is very right to use the title of a Prof even thoush he is an Associate Prof. It is not unique to Nigeria. In don't know what the practice is in the US, but here, once a person is promoted to the rank of an Associat Prof., he is regarded and correct to address use that title. I am sure it the practice is similar elsewhere in the academia. Some universities even distinguish between a Reader and an Associate Prof in terms of the expertise/research reputation even though both are at par by rank and are often used interchangeably. But I do remember that Naija allows an Associate Prof to call himself 'Associate Prof'. He is not a Dr. His rank is higher than that of a Dr.

Highly versed Yorubas

We the Yorubas have a famous saying that was incorporated into one of King Sunny Ade's Songs; 'when your relative resorts to eating dangerous and poisonous insects and you did not wean him off the habit, his coughing and spluttering at night will prevent a good sleep in his immediate neighborhood'
Please let me add another Yoruba adage proverb to buttress my point; 'If you are the best of the best in your chosen profession but exhibits a dubious characteristics, no one will approach you with any profitable business'.
That a man like Babalakin can be cornered and trapped by the EFCC in a LUTH cubicle is unbecoming of a man that has many of the choicest properties in Nigeria. Why is it that sometimes some Yorubas never reflect on life the we have to live life to the extreme.
I have said half a word to Wale. he may be a million times richer than me but I am his senior by a year. I hope when my half word reaches inside his stomach it will become a whole word.

Fame of what/which fame?

Now someone is talking! What is so special about being a son of a Supreme Court Judge? Are judges not Public/Civil Servants, just like teachers (are)? Abeg eeee!

Wale Babalakin

Of course, he served in the National Youth Service Corps Scheme in the Chambers of Chief Rotimi Williams. By the way, we all should be mindful of making value judgments on issues are before competent tribunals. Issues may not be what they ordinarily appear to be, Olusegun-Obayemi is certainly entitled to his opinion, but if he truly consider Wale his 'mentor' i wonder why this piece?

Wale Babalakin

Of course, he served in the National Youth Service Corps Scheme in the Chambers of Chief Rotimi Williams. By the way, we all should be mindful of making value judgments on issues are before competent tribunals. Issues may not be what they ordinarily appear to be, Olusegun-Obayemi is certainly entitled to his opinion, but if he truly consider Wale his 'mentor' i wonder why this piece?

If you can still address

If you can still address babalakin as your mentor after all that you have chronicled about him, then I'm so sorry....
It 's a shame.

I am not a fan of BOB, but I

I am not a fan of BOB, but I wonder why Prof. Obayemi will subject him to a media trial of this sort? Why don't you simply allow the man to face his trial in good faith and with a clear mind devoid of intimidation and blackmail of this sort? Everybody has been accusing a particular judge of acquiring Ibori, nobody has ever bordered to find out what are the facts placed before the judge upon which He can pronounce? It is easy to make comments in the public space devoid facts. We should learn to stop this media trial and let all of us concentrate on the hard facts of our existence as a nation. I have not said BOB is innocent, but allow the court and the prosecution to do their Job. Encourage the prosecution to do a through job and assist them in unearthing relevant facts that will aid the prosecution of the case, it is then that I'l believe you are genuinely involved in fighting corruption.

Babalakin's prospective re-configuration

Wale, I'm going to tell you the absolute truth...the fame is over. It time to change your ways. Come on, stay low for a while, at least. And when you restart, please do something different...something that will help humanity. I'm not saying turn into a big alhaji or pastor.

Pedigree my foot! We are too

Pedigree my foot! We are too gullible in this country...

The Babalakins of modern Nigeria all came out of the woodwork with fancy titles and no substance, no proof of anything concrete, just names! Names they create at owambe parties, still no substance...

Look at when Wale Babalakin started with CTB, how old was he then? Was his father not a sitting Judge then? Did you ever hear any public comment on his conduct from Justice Babalakin?

These guys NEVER knew that 'a good name is better than gold' because gold was all they knew, they never knew 'good name' ...

Why is Dr. Wale Babalakin afraid of the law courts - a place he was raised and a place he now 'lives'. The guilty are afraid!

A fruit does not fall too far from the tree!

Musa Oponko

PROFESSOR?

Sir,...please tell me when promotion to the rank of an associate Professor (Reader) gave you the right to address yourself as a Professor? Truth is you ain't a professor until you are one. You remain Dr Olumide K. Olusegun-Obayemi (or simply Olumide K. Olusegun-Obayemi, Ph.D) until you are promoted a substantive professor (when it can be said that you hold a professorial chair in a university).
....the average Nigerian and his crave for titles!!!

Wale Babalakin's Travails: How much land does a man want?

I am interested. Did this fellow serve in the National Youth Service Corps. It has become one of the pecks of BIG men in Nigeria to defy the law. From the account in this article, he graduated in 1981 from UNILAG, was called to the Bar in 1982, and graduated LLM, in 1983. He continued with studies until 1986.

Wale Babalakin's Travails

Wale Babalakin is no doubt a brillaint chap but very fradulent in his business adventures. He does not beleive in clean business and always like to cut corners to satisfy his selfish and greed for wealth. From the little I know about him, he is fond of using his knowledge of law to frustrate any party he is into contractaul business with. Unfortunately he has forgotten that no matter how fast a lie can run, truth will catch up with it in one day. The day has come for him to face the law and would be lucky to escape unscratched.
Let him stop hidding and seeking court injuctions to stop EFCC from prosecuting him. If he is truly innocent, he would not be hidding, rether should seek accelerated hearing to clear his name. He is a disgrace to his legal calling and his family.

Idigbe!

Mr Tony Idigbe 'SAN' is bereft of integrity. He is certainly unworthy of being compared with the likes of Mr Gbolahan Elias SAN etc.
He is, in fact, a much more frequent habitue of criminal company than Mr Wale Babalakin.

This writer is a typical

This writer is a typical example of the problem we have with Nigeria.Instead of writing a simple article,he had to write a dissertation for us to show us he is a professor and in the process lost and confused the major aim of the article.I am more confused at the end of this article than at the start

prayer of doom

I wonder why the professor is praying for Babalakin to come out innocent. His submissions are just plagued with sentiments and unnecessary emotions. If a man that has a huge reputation to be a crook is your so called mentor, that should be your personal cross to carry. No body is aabove the law and the due process of the law should be ventilated to prove his so called innocence as you have already concluded. Save us with the family history talk and all the unnescessary babbles. Evidence of good character is inadmissible in a criminal trial.

Innocentuntil proven guilty.

The prosecution has based this case on one James Ibori who was acquited by a Federal court in Nigeria. This lawyer who should know better, has insinuated himself in an ongoing trial to prejudice public opinion against the defendant. How can Babalakin be guilty of money laundering, when the Nigerian courts acquited James Ibori of 170 counts of fraud, money laundering and other sundry offences?

A Chip of The Old Block

If I reckon with revelations made by Justice Bola Babalakin's Driver in the 80s, it shouldn't be a surprise that Wale is simply consolidating his father's legacy of criminality in high places which also included drug trafficking.He is simply a chip of the old block.

Senior Advocates of Nigeria are Partners in Crime

This "professor" is professing nonsense.

Where did he acquire his professorship? I looked below the article and I hissed.
With these pedestrian manner of analysis you could only have been awarded professorship in Nigeria.

Senior Advocates of Nigeria are the chief advocate for fraud and corruption in Nigeria. It is strange that you, a professor, need me to spell this out to you.

ON WALE BABALAKIN

Hmm...what does the writer of this piece, himself a lawyer, mean by "He may not be found guilty by the court of law as we expect". Is that contradictory? Giving the bleak picture painted of Babalakin's business pedigree, on what premise then does the writer expects Babalakin not to be found guilty especially given the evidence available to the EFCC. However, knowing our corrupt system, the EFCC may well bungle the trial and then blame it on a supposedly corrupt judge, as they did the case of Ibori before Justice Awokunleyin of the Federal High Court, Asaba! The guilty, but connected, have a way of walking free in Nigeria! The whole system is rotten from top to bottom and Babalakin, and his father, are integral parts of the putrid system.

Stupid Okoro thief

@ onigwe....Who wrote this piece? a Yoruba man I presume; When have you seen an Ibo man tell it as it is about another Ibo person. That is the difference between the so called coward but intelligent Yorubas and the na only me sabi am Ibos.

You guys makes 98% of your pennies in and around Lagos but yet Yorubas no good; A yoruba person cant even find One plot of land buy in any of your ragingly ass States. The sooner you guys leave, the better. we need space to breath please.

"Nemo Dat Quod Non Habet" You Can't Give What You Don't Have

Character is cultivated it is never bestowed. You confuse academic brilliance and opportunity with integrity and honour. They are very different and neither begets the other. Whereas you can inherit brilliance and opportunity/privilege, you 've to decide to imbibe unimpeachable character. It's a conscious choice. Your upbringing might play a role in the moulding, but it is still an individual choice. This is not to say you 'll be perfect as a human being, no. You may sometimes slip in the face of adversity and great test of strength of character, but you pick yourself up, make amends and become more resolved to stay clean. That's the difference between Gani and the names of the frauds you mentioned and their progenitors. But the likes of Babalakin have never had honour or integrity and can't suddenly happen on it now at 50+. It calls to question not only his supposed accomplishments but his heritage. And for the author, if Babalakin is your mentor, then I am sorry for you.

conquering wealth!

In life, its not just enough to conquer poverty! you need to be able to conquer wealth! everybody who works hard may conquer poverty but only few conquer wealth. You conquer wealth when you get satisfied with what you have and are not afraid of losing it and becoming poor! you are indeed confident of your source of wealth. People like owner of oracle (then richest man in the world)gave more than $40bn of his wealth in a year to his next rival ; Bill Gates (then 2nd richest man)to help Him pursue His humanitarian effort around the World! that was great conquest of Wealth. there are many of such people around the world but i am not sure if there is any in Nigeria because in Nigeria, when one is a " Philanthropist" it is to enable him get more contracts and political patronage in order to recoup his "philanthropic investments". Its not surprising anyway.

This writer is just name

This writer is just name dropping, give me a break please. Why keep dropping names of people you dont know. To each his own.

Wale is paying for taking FGN to court!

Wale fell out of favour of Ebele government. The mistake he made was to attempt to take FGN to court over the revocation of the Lagos-Ibadan Expressway concession contract. That's all. But he ought to have known better the travails of doing business with governments in Nigeria.

You cannot do business, any form of contract, whether as a professional Consultant or to supply newspapers with any arm of Nigerian governments (states and federal) without being enmeshed in fraudulent transaction and corruption. I realized this in 2010 and since then avoided Nigerian governments' business as a plague. The writer's advice to Wale is therefore well-placed.

By the way, what is the writer's meaning of South African nation of Mauritius? South Africa is a nation separate from the nation of Mauritius. Better, to write southern African nation of Mauritius.

Wale Babalakin should be

Wale Babalakin should be jailed 35 yrs

Justice Babalakin was a shady man

If I'm correct, this guy is from Modakeke. Justice Babalakin, his father, was an NPN man who used his judicial position to install Omololu Olunloyo in Oyo State. So, Wale Babalakin is doing in business, what his father did in the judiciary.

Re: BOB

BOB is a borne thief, you omitted the fraud with Commercial Trust Bank which NDIC took him to Failed Bank Tribunal for. He was also jailed for that......its inherent in him. Let this present case go down, give him few years and you will see him in another fraudulent case.

Forget the legal stories....SAN, his father being a Supreme Court Judge. What you did not add is that he is the ONLY son of a Supreme Court Judge that has been jailed for fraud. He was borne with fraudulent activities

well said.he has always been

well said.he has always been known as a crook.his award by Nigeria should be nullified because a crook is not entitled.When will Yorubas stop being crooked?

DR WALE BABALAKIN

WHEN GREED GOES BEYOND AVARICE THE END IS WHAT BABABLAKIN IS FACING . WHY HIS SANSHIP IS NOT YET SUSPENDED REMAINS A MISERY TO ME UNTIL HE CLEAR HIMSELF OF THE ALLEGATION .

do you expect a man with such a pedigree who is innocent to be afraid of facing the court. Time will tell .