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Money Laundering: Illness stalls Babalakin’s trial

Channels Television  
Updated November 29, 2012

The arraignment of the Chairman of the Bi-Courtney Group, Dr Wale Babalakin (SAN) could not hold on Thursday due to his absence in court.

Babalakin who was alleged to have helped former Delta State Governor, James Ibori to launder funds running into billions of Naira could not be produced by the Economic and Financial Crimes Commission (EFCC).

Ebun Sofunde who led Dr Babalakin’s lawyers told the Lagos High Court sitting in Ikeja that he took ill and had to be taken to the hospital as his health condition deteriorated overnight.

The Presiding judge, Justice Adeniyi Onigbanjo thereafter adjourned the case till December 12 when he is expected to be arraigned.