The Economic and Financial Crimes Commission (EFCC) has detained the Chairman of Bi-Courtney Limited, Dr. Wale Babalakin, since Tuesday evening in defiance of the order of a Federal High Court, which restrained the anti graft agency from going ahead with his arraignment and trial. Sources at the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos disclosed that over 20 operatives of the agency, including armed mobile policemen besieged the hospital where the businessman had been on admission since last Wednesday, to arrest him, despite his precarious health.
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