N4.7bn Fraud Case: Ladoja, Akanbi Most Likely Be Tried Afresh – EFCC

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An external prosecutor for the Economic and Financial Crimes Commission, Mr Oluwafemi Olabisi, has hinted that the commission may revisit the alleged N4.7bn fraud on former governor of Oyo State, Rashidi Ladoja.

Olabisi stated this on Thursday in following the outcome of the recent Supreme Court’s decision in the N7.1bn fraud case of a former Abia State governor, Orji Uzor Kalu, his company, Slok Nigeria Limited; and a former Director of Finance and Accounts at the Abia State Government House, Jones Udeogu.

Last year, Ladoja was discharged and acquitted of the N4.7bn fraud charges after 11 years of legal battle with the EFCC.

Justice Mohammed Idris dismissed the entire 11 counts filed against Ladoja and a former Commissioner for Finance in Oyo State, Waheed Akanbi, holding that the case of the EFCC lacked merit.

In an interview with The PUNCH, Olabisi said Ladoja and Akanbi would most likely be tried afresh in view of the recent Kalu’s case.

The Supreme Court had in a May 8, 2020 judgment nullified the trial and conviction of Kalu, Slok and Udeogu on the grounds that Justice Idris, who convicted them lacked jurisdiction.

The apex court upheld the contention by Udeogu that Justice Idris concluded the trial and gave judgment after he had been elevated to the Court of Appeal and ceased to be a judge of the Federal High Court.



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