N11.5 billion Fraud : Alao-Akala, others have case to answer - Court

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The judge discharged Mr Alao-Akala on the charges of acquiring property with money allegedly derived from an illegal act and concealing.....

An Oyo State High Court, sitting in Ibadan, on Thursday, ruled that a former governor of Oyo State, Adebayo Alao-Akala, and two others have a case to answer in an N11.5 billion fraud case.

In his ruling, the judge, Olalekan Owolabi, held that the defendants need to enter defence on the alleged charges of conspiracy, obtaining money by false pretences and award of contract without budgetary provision. He, however, discharged Mr Alao-Akala on the charges of acquiring property with money allegedly derived from an illegal act and concealing ownership of such property.

 

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