Eleven year after instituting a case, a former governor Adebayo Alao-Akala of Oyo state was on Thursday discharged and acquitted of corruption cases by a Court of Appeal sitting in Ibadan, the Oyo state capital.
The cases which bothers on N11.5billion was levelled against the Ex-governor by the Economic and Financial crimes commission (EFCC).
The trio are being prosecuted on an 11-count charge of conspiracy, illegal award of contracts, obtaining by false pretence, acquiring property with money derived from illegal act and concealing the ownership of such property,
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.
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.
The three defendants/appellants were present in court during Thursday’s proceeding
