Bi-Courtney Boss Charged For Laundering N2b • Alleged To Have Assisted Convicted Former Delta State Governor, James Ibori

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The
Chief Executive Officer of Bi-Courtney Ltd, Wale Babalakin, has been arrested
by the Economic and Financial Crimes Commission (EFCC).
He was alleged to have helped in
facilitating the siphoning about N2 billion belonging to Delta State on behalf
of former Governor James Ibori.
This is coming a few days after a
concessionary agreement between Bi- Courtney and federal government on the Lagos/Ibadan
Expressway was terminated by government.
EFCC sources in Abuja confirmed that
the charges were filed against Babalakin today at a Lagos High Court in Ikeja.
Source:
Daily Times

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