EFCC Declares Wale Babalakin Wanted

Wale Babalakin The Economic and Financial Crimes Commission, EFCC, on Wednesday declared the Chairman of Bi-Courtney Highway Services Limited, Wale Babalakin wanted in connection with a case of Criminal Conspiracy and Money Laundering to the tune of N4.7billion.

In a statement issued on Wednesday night signed by Wilson Uwujaren, its spokesperson, the anti graft agency said the businessman who was supposed to report to the Commission today preparatory to his arraignment on a 27 count criminal charge before Justice Adeniyi Onigbanjo of the Lagos High Court tomorrow, January 17, 2013 failed to do so, and has gone underground.

“Babalakin is dark-complexioned and speaks English and Yoruba fluently.

“Anybody having useful information as to his whereabouts should contact the Commission in its Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers: 09-4604620, 070-26350721,070-26350722,070-26350723,070-6350724, 070-26350725 ; or e-mail address: [email protected] or the nearest Police Station.”

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