Ibori's N4.7billion Loot: Again, Federal Judge Tosses Babalakin's Request To Gag EFCC

Wale Babalakin
By SaharaReporters, New York

A federal high court judge today tossed the application filed by embattled businessman, Wale Babalakin, seeking to restrain the Economic and and Financial Commission from arresting and prosecuting him for money laundering.

Justice Ibrahim Buba who was once pilloried for granting a permanent injunction that prevented the Economic and Financial Commission (EFCC) from prosecuting former governor of Rivers state, Peter Odili, today said his court could not stop the EFCC from arresting Babalakin to face crimes of money laundering.

This is Babalakin's second attempt by the businessman to use the courts to scuttle his arrest and prosecution by the EFCC. He remains holed up inside the Lagos University Teaching Hospital in Lagos under the pretense that he is currently receiving medical treatment for an undisclosed medical condition.

In his ruling today, Justice Buba stated  ”nobody is above the law, no matter the person’s position or status”. The judge subsequently dismissed the application for lacking merit.

Mr. Babalakin and Alex Okoh, Stabilini Visioni Limited, Bi-Courtney Limited and Renix Nigeria Limited have been ordered to appear before a  Lagos High Court in Ikeja on January 17, 2013 for formal arraignment  on a 27-count charge of  money laundering.

The EFCC alleges that Babalakin and his cohorts transferred various sums of money on behalf of jailed former governor of Delta State, Chief James Ibori, through third parties to some foreign accounts under the guise of purchasing a Bombardier Challenger jet from Canada.

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@ Oladapo Odumosu

You mean sharareporters should stop featuring comments from Anonymous because people are comments about the dubious Babalakin.Babalakin should be bold to stand trial than today having stomach running and tomorrow that . We all knew it that Babalakin was Ibori right hand man and helped him alot in all his ilegal money transcations.

Babalakin

Babalakin or KAKALAKIN the guilty are always afraid face the LAW. You are a LAWYER

Anonymous Contributors

Saharereporters should please STOP featuring contributions from anonymous and unverified writers. A lot of people hide under this veil of anonymity to write what they would not have written if their identities had been known to everybody.
The most notorious is the so-called Deri. There are many like him. Please let us start cleansing Nigeria with something like this.

JUSTICE BY HARASSMENT

IT IS OBVIOUS THAT ALL YOU NEED TO GET A PREDETERMINED JUDGEMENT IS TO HARASS THE JUDGE THROUGH SAHARA REPORTERS. TRHIS IS JUDGEMENT BY AMBUSH. SO SAHARA REPOTER NOW HAS TO HELP EFCC ABI? HIS CRIME IS THAT HE IS A 'BIG MAN' SO MUST BE GUILTY BEFORE TRIAL.

NIGERIA

I beg joor man tie for all dis gramma.
Thief na thief.

Babalakin

Babalakin is owning his works five months salary.This man is dubious and have no heart.

KEEP IT UP..

I'm personally happy and indeed many other well meaning nigerians in the way and manner you people (SR)exposed the evil deeds that's happening in our dearly country. Good job...KEEP IT UP.

Why is it that all these

Why is it that all these common thieves hide under the disguise of being sick when they have questions to answer in the court of law..The president of EGYPT and his 2 sons were brought to stand trial before the people of egypt regardless of his medical condition....The Judiciary in Nigeria are just Time wasters and are ready to adjourn cases till the world comes to an End...SAD

BABALAKIN

Why is it that all these common thieves hide under the disguise of being sick when they have questions to answer in the court of law..The president of EGYPT and his 2 sons were brought to stand trial before the people of egypt regardless of his medical condition....The Judiciary in Nigeria are just Time wasters and are ready to adjourn cases till the world comes to an End...SAD

Change the Medical team attending to Babalakin

LUTH is a federal institution. If indeed Babalakin is not sick, the doctors conspiring to keep him on hospital bed rest should be indicted. The same bed he is occupying could have been used by a real patient in a country with inadequate medical service.

First, the FGN should send the Chief Medical Officer of LUTH on assignment. Then appoint a temporary head. Change the team that is attending to Babalakin and confirm if he is really in bad health. This drama would have ended long ago if OBJ was the President and interested in the case. We cannot allow this shame to continue, as if we have no government and no laws.

LUTH is a federal

LUTH is a federal institution. If indeed Babalakin is not sick, the doctors conspiring to keep him on hospital bed rest should be indicted. The same bed he is occupying could have been used by a real patient in a country with inadequate medical service.

First, the FGN should send the Chief Medical Officer of LUTH on assignment. Then appoint a temporary head. Change the team that is attending to Babalakin and confirm if he is really in bad health. This drama would have ended long ago if OBJ was the President and interested in the case. We cannot allow this shame to continue, as if we have no government and no laws.

Our Judiciary

Nigeria Judiciary very dismal in justice dispensation. Thank you sahara reporters and the human right group that petitioned the NJC. Let us hope that judiciary will arraign this guy but the ultimate test of judicial seriousness in the matter is conviction. No criminal ever gets convicted, especially the big time criminals. Over to you Justice Aloma and NJC.Our eyes are on you.

Sorry O!

Babalakin can't afford Odili's judge. Go loot some more and then come back.

SAHARA REPORTERS, MAY YOUR SHADOW NEVER GROW LESS!!!!

SR, if not that you exposed the evil deeds of Justice Ibrahim Buba, the story would have been different.

Wale Babalakin had concluded plans with his retired Supreme Court (Hotel) business partner to influence Buba to grant the Perprtual Injunction. Even the Retd SC Judge's son in law was deployed as the defence counsel.

The comments by Nigerians on SR went along way to help. The petition of yesterday by an Anti- corruption Body to the CJN as published by SR also helped. The CJN must have called and warned the BUBA MAN last night as the NJC was meeting in Abj. till early hours of today.

Thank you SR! The 99% are very proud of you guys!!!!

To Wale Babalakin The Crook,

Please remain in the hospital so that when we d 99% shall look 4 the looters, we know where to get you. Pls, pls, remain there.

Arrest Warrant!

Now enough of this drama of trying to evade the law. If Babalakin refuses to turn up in Court in January, then a warrant should be issued to the EFCC and the medical staff of LUTH will have no power to stop him being arrested.
No one is saying that he should not be given the necessary medical care he deserves, but he needs to turn up in court so that a case can be presented before him, then he can argue his innocence.

EFCC, go all the way and arrest this guy. SR, thank you for exposing the bad guys. We need to continue to use your platform to speak out against corruption in Nigeria.

Let the trial begin

Babalakin should let the trial begin if he has nothing to hide. However, as a lawyer he should know that since Ibori was acquitted of 170 counts including money laundering by a federal court in nigeria, the case against him cannot hold water. It is the same Nigerian courts that sey Ibori free, yet they now say Babalakin laundered money for a man they said never committed any crime. As a matter of fact, the same Ibori was never arrested for shop lifting in the UK according to Nigerian courts. So how come suddenly Babalakin can commit a crime for a man who never committed one? By that I am reffering to Ibori. Corruption, let the matter be heard in a court by a corrupt Nigerian Judge.

Thank you Sahara Reporters

SR has properly ambushed Justice Buba. And this is what we require for all corrupt Judges in our land. We should extend same searchlight to LUTH Doctors. The hospital should understand that the public court is watching them. Sooner, the Doctors would complain to government that they are not being paid well, they do not have required tools in the hospital to do their work. Are you kidding me? How can government pay you well or equip the hospital when the likes of Babalakin which you are currently protecting have taken all the money into their personal accounts. I am ashamed of these Doctors. They have gone through the University but certainly the University has not passed through them. They are part of the problems of Nigeria.

This man should by now be in

This man should by now be in Kirikiri wearing the blue color uniform with number on it and he should also by now shining the rods with his nose

LONG LIVE SAHARA REPORTERS!!!!

SR, if not that you exposed the evil deeds of Justice Ibrahim Buba, the story would have been different.

Wale Babalakin had concluded plans with his retired Supreme Court (Hotel) business partner to influence Buba to grant the Perprtual Injunction. Even the Retd SC Judge's son in law was deployed as the defence counsel.

The comments by Nigerians on SR went along way to help. The petition of yesterday by an Anti- corruption Body to the CJN as published by SR also helped. The CJN must have called and warned the BUBA MAN last night as the NJC was meeting in Abj. till early hours of today.

Thank you SR! The 99% are very proud of you guys!!!!

To Wale Babalakin The Crook,

Please remain in the hospital so that when we d 99% shall look 4 the looters, we know where to get you. Pls, pls, remain there.

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