Trial in the suit involving the Chairman of Bi-Courtney Limited, Dr. Wale Babalakin has been stalled due to the volume of applications filed by the defendants in the suit.
This was at the High Court in Ikeja, Lagos.
The Presiding Judge, Justice Lateef Lawal-Akapo, adjourned the matter till February 17, to enable parties to sort out the applications for hearing.
Justice Lawal-Akapo said that though the matter was adjourned over a month ago, some of the applications filed by the defendants were only brought to his attention some moments before the court sitting.
“In a matter of this nature, it is always good to study the processes and ask pertinent questions as the matter goes along.
“What I will suggest is that counsel sits and identify all these processes and their facts, to be sure that all the processes are filed”, he said.
The Economic and Financial Crimes Commission, EFCC had charged Dr. Babalakin, Mr. Alex Okoh and their firms with 27 counts of illegally transferring about N4.7bn on behalf of convicted former Delta State Governor, James Ibori.
The counts instituted against the accused by the EFCC included conspiracy, retention of proceeds of a criminal conduct and corruptly conferring benefits on account of public action.