by Isi Esene The siege laid on the businessman, Wale Babalakin, by security operatives at the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos seem not to be abating. Sources say there is an increased number of Economic and Financial Crimes Commission (EFCC) operatives and riot policemen in the hospital premises. There are also speculations that... Read More

Bi-Courtney Group, Dipo Kehinde, EFCC, James Ibori, Luth, money laundering, Wale Babalakin

December 7, 2012

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We have not arrested Babalakin, we’re just watching him – EFCC

by Akan Ido The Economic and Financial Crimes Commission has denied arresting businessman and chairman of Bi-Courtney Group, Wale Babalakin who is currently on admission at the Lagos State University Teaching Hospital, Idi Araba, Lagos. Speculations have been rife that the businessman, who is wanted by the EFCC over allegations of money laundering, has been... Read More

Bi-Courtney Group, Dipo Kehinde, EFCC, James Ibori, Luth, money laundering, Wale Babalakin

December 6, 2012

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EFCC goes hard: 20 plain-clothes men wait for Wale Babalakin at his LUTH hospital ward

by Akan Ido The Bi-Courtney Group, has registered its displeasure at the conduct of the Economic and Financial Crimes Commission (EFCC) who have reportedly laid siege on the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos, where its Chairman, Wale Babalakin is receiving treatment for an undisclosed ailment. The construction firm’s spokesman, Dipo Kehinde, says the... Read More

Akin Osibogun, Bi-Courtney, Dipo Kehinde, EFCC, Luth, Wale Babalakin, Wilson Uwujaren

November 20, 2012

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“Bi-Courtney is incapable,” says FG as it terminates concession contract for Lagos-Ibadan Expressway

by Isi Esene The Federal Government on Monday announced the cancellation of its concessionary agreement with the Bi-Courtney Consortium for the construction of the 125-kilometre Lagos–Ibadan Expressway. The FG accused the management of the consortium led by businessman, Wale Babalakin of serially breaching the terms of the agreement signed by both parties on May 26,... Read More

Bi-Courtney, Concession, Dipo Kehinde, Goodluck Jonathan, Julius Berger, lagos-ibadan, Mike Onolememen, RCC, Wale Babalakin

No retreat: EFCC operatives sneak into Wale Babalakin’s room to arrest him

We have not arrested Babalakin, we’re just watching him – EFCC

EFCC goes hard: 20 plain-clothes men wait for Wale Babalakin at his LUTH hospital ward

“Bi-Courtney is incapable,” says FG as it terminates concession contract for Lagos-Ibadan Expressway

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