A Federal High Court sitting in Ikoyi, Lagos, has found a former Oyo State governor Rasheed Ladoja and a former Commissioner for Finance, Waheed Akanbi, not guilty of the N4.7 billion fraud allegations levelled against them.

EFCC had in November, re-arraigned Ladoja and his former Commissioner for Finance Akanbi for allegedly converting N4.7billion from the state treasury to their personal uses.

In the amended charge, the EFCC added that Ladoja allegedly “compelled” a broker to sell the state’s shares. The EFCC alleged that the former governor did not remit N1.9billion realised from the sale of the shares.

The commission told the court that the money allegedly went to Ladoja, his family and friends and was not refunded.

However, in his ruling on Friday Justice Mohammed Idris stated that the prosecution was not consistent with the amount of money missing from the sale of the Oyo State Government’s shares. The court, thereafter, found them not guilty of all the 11 count.


From the desk of Gistmeblog

See how President Buhari reacted to the issue HERE

Shey he is an APC Governor?

Saint Akanbi Ladoja. I hail you

Now St Ladoja

As usual. Money don exchange hands.

We all know our past and present politicians are advanced yahoo men and women.

Swift action

Corruption Can’t really be fought in Nigeria. We are just decieving one another
Justice is there for sale only if you not ready to pay

Case closed

Thank God for the victory,now the man can rest

Yes o

2nd TC.

Baba alankara, congratulations sir!

Ghen Chen! Season film. By November this year, EFCC will re-arraign them again. Re-arraignment continua.

Errrm






Check my signature
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MrThisandthat:
Shey he is an APC Governor?

Keep asking stupid questions as if your own phone is keeping malice with Google.

He's not an APC member, now get out.

People will still blame Buhari

is he APC or PDP?

MusaIbrahim1:
is he APC or PDP?

He's Ipob

Judiciary, legislative and executive are not transparent anymore.
Who brought the allegation in the first place ? Even when we know what is what, once no evidence can be proved in the court, it would be null and void and the accused becomes acquitted.

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He is loyal to the cabal (not Buhari), that is why the cabal ordered his freedom. Buhari is fighting corruption in deed .

This is one of the reason people will be encouraged to be corrupt. So far I can buy my way out, naija laws are only for the poor and few gullible rich.

Now he can v peace to eat his loot

0koyeeboz:


Keep asking stupid questions as if your own phone is keeping malice with Google.

He's not an APC member, now get out.

Hopeless frustrated Bastard... I will drag the living day light out of your life if you come at me in your entire period of existence!