• Latest
  • Trending
  • All
Ladoja Says He Will Not Contest Any Political Seat Again But Still In Politics

How Ladoja Bought Cars For Lawmakers To Avoid Impeachment

May 10, 2017
ATISBO Chairman To Host Oyo Acting Governor For Commissioning Of Key Projects On Thursday

ATISBO Chairman To Host Oyo Acting Governor For Commissioning Of Key Projects On Thursday

September 9, 2026
Ibadan Set To Host Chops’N’Chill 4.0, Platform For Young Chefs To Showcase Talent

Ibadan Set To Host Chops’N’Chill 4.0, Platform For Young Chefs To Showcase Talent

September 9, 2026
NANS South-West To Host Leadership Summit In Ibadan, Names Alli, JDS, Asefon As Key Speakers

NANS South-West To Host Leadership Summit In Ibadan, Names Alli, JDS, Asefon As Key Speakers

September 9, 2026
APC Chieftain, Repete, Hails Gbenga Obilade’s Humanitarian Contributions At Birthday

APC Chieftain, Repete, Hails Gbenga Obilade’s Humanitarian Contributions At Birthday

September 9, 2026
Oorelope Vice Chairman Empowers Local Hunters, Presents Registration Certificates

Oorelope Vice Chairman Empowers Local Hunters, Presents Registration Certificates

September 9, 2026
Makinde Hails Wale Oke’s Prayer, Support As PFN President Marks 70th Birthday

Makinde Hails Wale Oke’s Prayer, Support As PFN President Marks 70th Birthday

September 8, 2026
Makinde: The Aare of liveability By Sulaimon Olanrewaju 

Makinde: The Aare of liveability By Sulaimon Olanrewaju 

September 7, 2026
Monarchs Who Endorse Candidates Invite Political Attacks – Makinde Cautions Traditional Rulers

Oyo Babaloja-General Hails Conferment Of Aare Soludero Title On Makinde, Wife 

September 7, 2026
Adegoke Pledges Specialist Hospital For Oke-Ogun As He Welcomes APM Defectors To ADC

Adegoke Pledges Specialist Hospital For Oke-Ogun As He Welcomes APM Defectors To ADC

September 7, 2026
Tinubu Approves Ambassadorial Postings, Posts Ajimobi to Austria, Ex-UI VC to Canada

Tinubu, NFF and Zacch Adedeji Stories By Taiwo Adisa, PhD

September 6, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

Makinde Will Finish Distant 8th In 2027 Presidential Race – Oyo APC 

September 6, 2026
Monarchs Who Endorse Candidates Invite Political Attacks – Makinde Cautions Traditional Rulers

Aare Soludero Title Affirms Makinde’s Status As People’s Governor – Oyo LG Chairmen

September 5, 2026
">
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Wednesday, September 9, 2026
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result

How Ladoja Bought Cars For Lawmakers To Avoid Impeachment

by InsideOyo
May 10, 2017
in Political News
0
Ladoja Says He Will Not Contest Any Political Seat Again But Still In Politics

RelatedPosts

ATISBO Chairman To Host Oyo Acting Governor For Commissioning Of Key Projects On Thursday

NANS South-West To Host Leadership Summit In Ibadan, Names Alli, JDS, Asefon As Key Speakers

APC Chieftain, Repete, Hails Gbenga Obilade’s Humanitarian Contributions At Birthday

A former aide of former governor Rashidi Ladoja, Mr. Adewale Atanda, has disclosed that the former governor allegedly bought cars for lawmakers to prevent his impeachment.

Atanda, who is a‎ prosecution witness,  told a ‎ Federal High Court sitting in Lagos on Tuesday, while testifying in Ladoja’s trial before Justice Mohammed Idris.

">
ADVERTISEMENT

Atanda, it would be recalled, had earlier testified that the former governor gave directive that Oyo State’s shares be sold.

According to The Nation, Atanda was quoted to have said that N634million, which was part of the commission and profit realised by stockbrokers handling the shares’ sale, were used as slush funds to prevent Ladoja’s impeachment.

The witness said the N634million was delivered to him by the stockbrokers.

">
ADVERTISEMENT

He said he removed N180million from the sum, which he had earlier borrowed and spent on Ladoja’s instructions during the heat of the impeachment saga.

Part of the N180million, he said, was the N80million he obtained from Wema Bank Plc, which Ladoja used to purchase 22 vehicles for Oyo State lawmakers to prevent his impeachment.

The Economic and Financial Crimes Commission (EFCC) re-arraigned Ladoja for allegedly converting N4.7billion from the state treasury to his personal use.

He was charged along with Waheed Akanbi on eight counts of money laundering and unlawful conversion of public funds.

Atanda, who was Ladoja’s Special Executive Assistant, said under cross-examination: “The loan was taken through V. T. Leasing Limited, and disbursement were made to the vendors of the vehicles which were collected by Oyo State government.

“I used V. T. Leasing Limited to apply for the loan from Wema bank. Although I am a shareholder with less than one percent, I used my goodwill to get the loan and I did not make any application.

“I did not know the condition attached to the vehicles given to members of State Assembly loyal to Governor Ladoja.

“The vehicles were collected by the Oyo State government’s drivers before handling them to Ladoja’s loyalists at the State House of Assembly members.”

Ladoja was governor from May 29, 2003 to January 12, 2006 when he was impeached. On November 1, 2006, the Appeal Court Ibadan, declared the impeachment null and illegal.

The Supreme Court upheld the decision on November 11, 2009, and Ladajo resumed office on December 12, 2006. He, however, lost a re-election bid.

The witness said another N633 million loan he collected when Ladoja returned as governor was part of expenses incurred when he shut down his hotel for one year to house Ladoja and his 14 loyalists in the Assembly during the impeachment saga.

He said his hotel, Heritage Court and Inn, on Plot 176, Moshood Olugbani Street, Victoria Island, Lagos, was shut down from December 2005 to December 2006, because Ladoja’s life was at risk.

He said there was no agreement that he would be paid back as no one thought Ladoja would return as Governor.

He said when Ladoja was reinstated; he collected the N633 million on Ladoja’s instruction.

Atanda also said he personally delivered £600,000 to Ladoja’s daughter, Bimpe, in London.

Justice Idris has adjourned till May 25 for continuation of trial.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Email a link to a friend (Opens in new window) Email
  • Share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading…
Tags: Economic and Financial Crimes CommissionFormer Oyo GovernorHow Ladoja Bought Cars For Lawmakers To Avoid ImpeachmentLadoja’s Special Executive AssistLawmakers receive Cars From LadojaMr. Adewale Atandaoyo state newsRashidi Ladoja
Previous Post

Oyo Assembly Summons LAUTECH VC, Commissioner Over Unpaid Salaries

Next Post

Despite Scarcity, We’ve Issued Over 14,000 Booklets In 3 Months‎ In Oyo, Says Immigration Boss

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

ATISBO Chairman To Host Oyo Acting Governor For Commissioning Of Key Projects On Thursday

ATISBO Chairman To Host Oyo Acting Governor For Commissioning Of Key Projects On Thursday

by Olayi Abide
September 9, 2026
0

The Acting Governor of Oyo State, Barrister Abdulraheem Bayo Lawal, will on Thursday, September 10, 2026, undertake a working visit...

NANS South-West To Host Leadership Summit In Ibadan, Names Alli, JDS, Asefon As Key Speakers

NANS South-West To Host Leadership Summit In Ibadan, Names Alli, JDS, Asefon As Key Speakers

by Deji Moore
September 9, 2026
0

The National Association of Nigerian Students, NANS, South-West Zone D has announced plans to host The Barr. Sharafadeen Alli Students...

APC Chieftain, Repete, Hails Gbenga Obilade’s Humanitarian Contributions At Birthday

APC Chieftain, Repete, Hails Gbenga Obilade’s Humanitarian Contributions At Birthday

by Adebola Sanmi
September 9, 2026
0

A chieftain of the All Progressives Congress, APC, Hon. Bolaji Afeez Repete has joined the progressives family and good people...

Oorelope Vice Chairman Empowers Local Hunters, Presents Registration Certificates

Oorelope Vice Chairman Empowers Local Hunters, Presents Registration Certificates

by Ayo Mukhail
September 9, 2026
0

The Vice Chairman of Oorelope Local Government, Hon. Wasiu Adewale Babatunde, has facilitated the registration of six local hunter associations...

Next Post
Nigerians Groan Under Immigration's "No-paper" Excuse

Despite Scarcity, We've Issued Over 14,000 Booklets In 3 Months‎ In Oyo, Says Immigration Boss

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d