The Economic and Financial Crimes Commission has declared Lagos lawyer turned businessman, Chief Wale Babalakin wanted.

Babalakin who is the Chairman of Bi-Courtney Highway Services Limited according to EFCC failed to appear before them for his prepared arraignment on Thursday, January 17 2013.

In a statement signed by EFCC's acting Head of Media and Publicity, Wilson Uwujaren, Babalakin is wanted in connection with a case of Criminal Conspiracy and Money Laundering.

It will be recalled that Babalakin had been accused by the EFCC of assisting jailed Delta State governor, James Ibori to launder N4.7billion.

The commission has therefore asked anybody that has useful information on Babalakin's whereabout to contact them or the nearest police station.

In a swift reaction however, the Head of Communications, Bi-Courtney Ltd, Mr Dipo Kehinde, denied the claim by EFCC stating that “Babalakin was in touch with EFCC by 5pm today. They asked him to report at their office tomorrow before he goes to court. Tonight, he was declared wanted.”

“We don’t understand the game that EFCC is playing” he stated adding that “this is nothing but a deep political game.”

“Since Babalakin came out of the hospital, he had reported at the EFCC office in Lagos for more than 5 times. He was also there on Tuesday. He is on EFCC’s administrative bail. He’s not a man on the run. We have a date in court tomorrow, but EFCC wants to give jungle justice.”

http://tosinoluwalowo..com/2013/01/efcc-declares-babalakin-wanted.html

EFCC should be ashamed of themselves. When the wanted man finally show himself, what will happen?
EFCC of today is more corrupt than corruption.