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

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FEC approves N309 billion for road contracts in Lagos, Kaduna, othersThe FEC also approved N8.6 billion for the construction of vaccine laboratory, text kits for HIV/AIDS and procurement of medical equipment.
Read more »

Adventist Pastor In Court Over N15million Fraud, Enrolling Wife On Church Payroll | Sahara ReportersThe cleric faces an 11-count charge bordering on conspiracy, abuse of office and diversion of N15,619,000.
Read more »

[BREAKING] Yoruba nation: International Criminal Court acknowledges Akintoye, Igboho, others' petition - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

Petrol attendant arraigned over alleged fraud in Osun - Daily Post NigeriaA 35-year-old petrol attendant, Elijah Chinonso has been arraigned before an Ile-Ife Magistrates' Court for alleged fraud. The accused person committed
Read more »

On Nnamdi Kanu’s re-arrest and trial | The Guardian Nigeria News - Nigeria and World NewsAs the Federal High Court in Abuja gets set on July 26, 2021 to continue the trial of Nnamdi Kanu for treasonable felony, government’s inadequate answers to questions raging over the circumstances...
Read more »

Naira Marley Court Case Adjourned For 3 MonthsMusic star, Naira Marley, was arrested by the Economic and Financial Crimes Commission in 2019 for alleged internet fraud.
Read more »