Just In: EFCC Kicks Against Babalakin’s Acquittal, Ponders Appealing Against Judgement

The Economic and Financial Crimes Commission has expressed disappointment on the judgement of a Lagos High Court which discharged and acquitted a Senior Advocate of Nigeria, Wale Babalakin.

The Commission had brought a 27-count charge against Wale Babalakin and three others, amongst which are fraud, conspiracy, and retention of proceeds of criminal conduct.

According to the statement made available on Monday, Wilson Uwujaren, Head, Media & Publicity of commission, the commission is not satisfied with the ruling of the Lagos High court and will, in the next couple of days, study the judgement carefully in order to file an appeal.

Here is the statement: "The attention of the Economic and Financial Crimes Commission has been drawn to the ruling today [monday] by a Lagos High Court, presided over by Justice Lateef Lawal-Akapo, Which discharged and acquitted Wale Babalakin, a Senior Advocate of Nigeria and three others of a 27-count charge of fraud, conspiracy, and retention of proceeds of criminal conduct brought against them by the Commission."

"The EFCC will avail itself of all available options, including the right of appeal, after careful study of the ruling."

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Source: Newsbeat Portal, Abuja.
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