Court Declares Rasheed Ladoja ‘Not Guilty’ Of Alleged N4.7 Billion Fraud

Former Governor of Oyo State, Rasheed Ladoja and a former Commissioner for Finance, Waheed Akanbi have been declared not guilty of the N4.7 billion fraud allegations levelled against them by the EFCC.

At the hearing of the case on Friday February 8 at the Federal High Court in Lagos, Justice Mohammed Idris stated that the prosecution was not consistent with the amount of money missing from the sale of the Oyo State Government’s shares.

The court, thereafter, found them not guilty of all the 11 counts.

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