Babalakin vows to show up in court as EFCC declares him wanted

Babalakin

The Economic and Financial Crimes Commission (EFCC) has declared the Chairman of Bi-Courtney Highway Services Limited, Wale Babalakin (SAN) wanted in connection with a case of criminal conspiracy and money laundering to the tune of N4.7billion.

The businessman who was supposed to have reported to the anti-graft agency on Wednesday, ahead of his arraignment on a 27 count criminal charge before Justice Adeniyi Onigbanjo of the Lagos High Court on Thursday, January 17, 2013 failed to do so.

According to the statement Mr Babalakin has “gone underground” as he failed to show up at the commission as expected.

But in a swift reaction, the Head of Communications, Bi-Courtney Ltd, Mr Dipo Kehinde, denied the claim by EFCC stating that “Babalakin was in touch with EFCC by 5pm today. They asked him to report at their office tomorrow before he goes to court. Tonight, he was declared wanted.”

“We don’t understand the game that EFCC is playing” he stated adding that “this is nothing but a deep political game.”

“Since Babalakin came out of the hospital, he had reported at the EFCC office in Lagos for more than 5 times. He was also there on Tuesday. He is on EFCC’s administrative bail. He’s not a man on the run. We have a date in court tomorrow, but EFCC wants to give jungle justice.