N11.5bn Alleged Fraud: Appeal Court Frees Akala, Alleluyah, Jogor -
  • Latest
  • Trending
  • All
Alao-Akala’s Alleged N11.5bn Fraud: No Evidence Babalola’s Firm Received Kickbacks

N11.5bn Alleged Fraud: Appeal Court Frees Akala, Alleluyah, Jogor

December 2, 2021
Group Picks Fatai Owoseni As Makinde’s Ideal Successor Ahead Of 2027

2027: Why I’m Running for Oyo Governor – CP Fatai Owoseni

April 2, 2026
Oyo Speaker Gets Ibarapaland Royal Endorsement for 2027 Governorship Race

Oyo Speaker Gets Ibarapaland Royal Endorsement for 2027 Governorship Race

April 2, 2026
Easter: George Aid Foundation Distributes Food To Street Sweepers In Ibadan

Easter: George Aid Foundation Distributes Food To Street Sweepers In Ibadan

April 2, 2026
Being A King Is Tougher Than Being Governor – Olubadan Ladoja 

Olubadan Backs State Police, Says It Will Reduce Crime

April 1, 2026
Makinde’s Leadership Inspired Me to Run for Office – Tosin Alabi, House of Reps’ Aspirant

Makinde’s Leadership Inspired Me to Run for Office – Tosin Alabi, House of Reps’ Aspirant

April 1, 2026
Oyo First Lady Celebrates Easter with Orphans, Vulnerable Children, Distributes Food Items, Cash

Oyo First Lady Celebrates Easter with Orphans, Vulnerable Children, Distributes Food Items, Cash

April 1, 2026
Royal Fathers, Political Functionaries, Others Gather To Celebrate Farinto’s Birthday

Royal Fathers, Political Functionaries, Others Gather To Celebrate Farinto’s Birthday

April 1, 2026
“It's Time To Move On”, Bayo Adelabu Congratulates Makinde Over Supreme Court Victory

Power Minister, Bayo Adelabu, Hasn’t Resigned – Sources

March 31, 2026
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Oyo Govt Alerts Citizens to Prepare for Heavy Rainfall Tonight

March 31, 2026
How The ADC Wave Is Rewriting Tinubu’s Home Base By Abimbola Oyarinu, PhD.

How The ADC Wave Is Rewriting Tinubu’s Home Base By Abimbola Oyarinu, PhD.

March 31, 2026
OYSROMA Chairman, Busoye Ogunlade, Resigns, Joins Oyo Federal Constituency Race 

OYSROMA Chairman, Busoye Ogunlade, Resigns, Joins Oyo Federal Constituency Race 

March 31, 2026
2027: Awoleye Declares for Oyo South Senatorial Seat, Promises To Consolidate Makinde’s Legacy

Awoleye’s Senate Bid Picks Up Steam as PDP Stakeholders Rally Behind Him 

March 31, 2026
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Thursday, April 2, 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

N11.5bn Alleged Fraud: Appeal Court Frees Akala, Alleluyah, Jogor

by InsideOyo
December 2, 2021
in General News
0
Alao-Akala’s Alleged N11.5bn Fraud: No Evidence Babalola’s Firm Received Kickbacks

The Court of Appeal sitting in Ibadan, the has discharged and acquitted a former governor of Oyo State, Otunba Adebayo Alao-Akala, over the N11.5 billion corruption charges levelled against him by the Economic and Financial crimes commission (EFCC).

The appellate court also discharged and acquitted former deputy Chief Whip of the Senate, Senator Hosea Agboola, who is currently the Chairman of Governor’s Advisory Council to Governor Seyi Makinde, and a business mogul, Mr. Femi Babalola, popularly known as Jogor.

RelatedPosts

Easter: George Aid Foundation Distributes Food To Street Sweepers In Ibadan

Olubadan Backs State Police, Says It Will Reduce Crime

Oyo Govt Alerts Citizens to Prepare for Heavy Rainfall Tonight

ADVERTISEMENT

The second defendant/appellant, Agboola, served as Commissioner for Local Government and Chieftaincy Matters when Alao-Akala was governor between 2007 and 2011, while the third defendant/appellant, Femi Babalola, owns an engineering firm, Pentagon Engineering Services, that executed some contracts during the former governor’s tenure.

The case, which started 11 years ago, was presided over by a three-man panel led by Justice Jimi Olukayode Bada. Justices Abba Muhammed and Abdulazeez Waziri were other members of the panel. The three defendants/appellants were present in court during Thursday’s proceeding.

Alao-Akala,Ayoola and Babalola, had been arraigned by EFCC before an Oyo State High Court, over an alleged N11.5 billion fraud. The 11 count-charge preferred against the trio include conspiracy, awarding contract without budgetary provision, obtaining by false pretence, acquiring property with money derived from illegal act and concealing the ownership of such property, among others.

ADVERTISEMENT

Counsel to EFCC, Dr. Benedict Ubi, had told the lower court that when Alao-Akala was the governor of Oyo State, he awarded a road contract worth N8.5 billion between 2007 and 2009 to Pentagon Engineering Services, alleging that the firm handled the contract on behalf of the 33 local governments areas of the state without budgetary provision.

Alao-Akala, according to Ubi, ordered the supply of drilling machines on behalf of the 33 local government areas worth N3.5 billion, saying the former governor purportedly conspired with Ayoola to withdraw N2.9 billion from Oyo State Local Government Joint Account.

Ubi also told the court that Alao-Akala illegally acquired a property at Old Bodija, Off Rotimi Williams Avenue, in Ibadan, when he was governor, saying the alleged offences contravened Section 22 (4) of the Corrupt Practices and Other Related Offences Act and Section 1 (18) of the Advanced Fee Fraud Act.

But Alao-Akala, Agboola and Babalola, filed a no-case submission after the EFCC closed its case before the high court.

However, the trial court, presided over by Justice Muniru Owolabi, struck out eight out of the 11 count-charge againsst the trio. He then ordered them to enter defence for the remaining three counts- counts 1, 2 and 5 (conspiracy, obtaining money by false pretence and award of contract without budgetary provision).

Owolabi discharged the former governor on charges of acquiring property with money allegedly derived from an illegal act and concealing ownership of such property. The judge said the witnesses called by the prosecutor failed to link evidence to the acquired property, adding that EFCC also failed to prove genuine ownership of the property.

But the defendants, through their lead counsel, Prince Lateef Fagbemi (SAN), appealed the ruling of the lower court that said they had a case to answer.

Delivering judgement on the appeal on Thursday, the judges in a unanimous decision set aside the ruling of the lower court, on grounds that the trial court erred by ordering the defendants to enter defence for the three counts because the prosecution led by the EFCC failed to establish a prima facie case against them.

Justice Bada read the judgement for Alao-Akala, while Justices Abba Muhammed and Abdulazeez Waziri read the judgments for Babalola and Agboola respectively.

Speaking with journalists after the judgement, the lead counsel to Alao-Akala and Babalola, Prince Lateef Fagbemi (SAN), represented by Abiodun Ogunjinmi, said: “We really appreciate and thank God Almighty for giving us a beautiful judgement today. The justices did a marvellous job. This case started in 2012, which was about 11 years ago. It came to an end today. It first started at the high court of justice in Ibadan. But thanks be to God that it ended well. The appellant, Alao-Akala and Babalola were all discharged and acquitted finally.”

Also speaking, Alao-Akala said: “We can always rely on the judiciary. They are the hope for the common man like me. So, we thank God for everything. God has settled everything, and so, let us forget about the number of years the case took.”

Similarly, Femi Babalola, said: “The judiciary is the last hope of a common man like me. I thank God for today’s judgement and I give all the glory to God, irrespective of the number of years spent on the case.”

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: oyo state news
Previous Post

15 Internet Fraudsters Convicted in Ibadan

Next Post

PLWD: We’ll Continue To Run Inclusive Govt, Says Makinde

InsideOyo

InsideOyo

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

Related Posts

Easter: George Aid Foundation Distributes Food To Street Sweepers In Ibadan

Easter: George Aid Foundation Distributes Food To Street Sweepers In Ibadan

by Deji Moore
April 2, 2026
0

In a gesture of kindness and solidarity, the George Aid Foundation, in collaboration with the Rotary Club of Ibadan Jericho...

Being A King Is Tougher Than Being Governor – Olubadan Ladoja 

Olubadan Backs State Police, Says It Will Reduce Crime

by Deji Moore
April 1, 2026
0

The Olubadan of Ibadan land, Oba Rasidi Adewolu Ladoja (Arusa1) has revealed that the establishment of the State Police in...

Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Oyo Govt Alerts Citizens to Prepare for Heavy Rainfall Tonight

by Olayi Abide
March 31, 2026
0

The Oyo state government through the Honourable Commissioner for Environment and Natural Resources, Hon. Ademola Aderinto, has advised residents to...

Oyo Reps’ Member, DoN, Appoints Secretary, 3 SSAs, 45 SAs, Inaugurates Team

Oyo Reps’ Member, Oyekunle ‘DoN’, Facilitates Free Health Insurance for Ibadan North Residents 

by Olayi Abide
March 30, 2026
0

Residents of Ibadan North Federal Constituency have been urged to take advantage of an ongoing free health insurance enrollment facilitated...

Next Post
PLWD: We’ll Continue To Run Inclusive Govt, Says Makinde

PLWD: We'll Continue To Run Inclusive Govt, Says Makinde

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