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Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge - Crime - Nairaland

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Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by wehereagg: 1:45pm On Feb 08
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

2 Likes

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by GistmeBlog: 1:49pm On Feb 08
See how President Buhari reacted to the issue HERE
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by dante0147: 3:48pm On Feb 08
wink
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by MrThisandthat(m): 3:48pm On Feb 08
Shey he is an APC Governor?
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by 1Nation4all(m): 3:48pm On Feb 08
Saint Akanbi Ladoja. I hail you

10 Likes 1 Share

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by shacks99(m): 3:48pm On Feb 08
Now St Ladoja

2 Likes 1 Share

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Craigslists: 3:48pm On Feb 08
As usual. Money don exchange hands.

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

5 Likes

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by morikee(m): 3:48pm On Feb 08
Swift action
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by anjigirl: 3:48pm On Feb 08
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

10 Likes

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Admiralomoniyi(m): 3:48pm On Feb 08
Case closed
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Charly68: 3:48pm On Feb 08
Thank God for the victory,now the man can rest

1 Like

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Tobicrystal(m): 3:48pm On Feb 08
Yes o
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Deenjaris(m): 3:48pm On Feb 08
2nd TC.

1 Like

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Omeokachie: 3:49pm On Feb 08
Baba alankara, congratulations sir! grin

1 Like

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by AJOBI77(m): 3:49pm On Feb 08
Ghen Chen! Season film. By November this year, EFCC will re-arraign them again. Re-arraignment continua. grin grin angry
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by MrSix: 3:50pm On Feb 08
Errrm






Check my signature
I sell USA used Laptops
Free delivery within Lagos only and it's pay on delivery
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by 0koyeeboz: 3:50pm On Feb 08
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.

10 Likes

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by senatepresido: 3:50pm On Feb 08
People will still blame Buhari

5 Likes 1 Share

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by MusaIbrahim1: 3:50pm On Feb 08
is he APC or PDP? grin
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by 0koyeeboz: 3:51pm On Feb 08
MusaIbrahim1:
is he APC or PDP? grin

He's Ipob

7 Likes 1 Share

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by adekalumichael(m): 3:52pm On Feb 08
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.

Stand out with other non-lazy youths to learn how to do design for M&E companies. Available training are HVAC, electrical, fire fighting and plumbing including Revit MEP. Check siggy for more details.

1 Like

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by jamace(m): 3:58pm On Feb 08
He is loyal to the cabal (not Buhari), that is why the cabal ordered his freedom. Buhari is fighting corruption in deed angry.

1 Like

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by omoteacher(m): 3:59pm On Feb 08
shocked shocked shocked



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.

2 Likes

Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by Sholaco: 4:03pm On Feb 08
Now he can v peace to eat his loot
Re: Court Discharges, Acquits Rasheed Ladoja Of N4.7bn Fraud Charge by MrThisandthat(m): 4:08pm On Feb 08
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!

1 Like

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