A Federal High Court sitting in Abuja will on Monday January 21, 2013 sentence one Abdulrasheed Ibrahim for attempting to smuggle $188,858 out of Nigeria. The accused person on Thursday January 17, 2013 pleaded guilty to the one count charge of money laundering preferred against him by the Economic and Financial Crimes Commission, EFCC.
The Economic and Financial Crimes Commission, EFCC has arrested two suspects, Tanimu Abubakar (also known as Ibrahim) and Mohammed Yaba for allegedly parading themselves as officials of the Commission.
After two failed attempts, embattled businessman and Chairman of Bi-Courtney Highway Services Limited, Olawale Babalakin today, January 17, 2013, took his plea on a 27-count criminal charge that borders on conspiracy to commit felony, corruptly conferring benefit on account of public action and retention of proceeds of a criminal conduct to the tune of N4. 7 Billion.