EFCC To Re-Arraign Ladoja For N4.7 Billion Fraud (Read Full Details)

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A former governor of Oyo State, Rashidi Ladoja, is most likely to be tried afresh for alleged N4.7bn fraud, external prosecutor for the Economic and Financial Crimes Commission, Mr Oluwafemi Olabisi, hinted on Thursday.

Ladoja was discharged and acquitted of the N4.7bn fraud charges last year February 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.

But in a chat with our correspondent on Thursday, Olabisi said Ladoja and Akanbi would most likely be tried afresh in view 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.

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