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LAGOS BILLIONAIRE, WALE BABALAKIN ARRESTED,DETAINED BY EFCC - Gistmaster
The Economic and Financial Crimes Commission (EFCC) last week arrested and briefly detained Wale Babalakin, a Lagos-based businessman, on charges of facilitating money laundering by former Governor James Ibori of Delta State. The EFCC detained Mr. Babalakin overnight last Saturday and subsequently granted him administrative bail. A source close to suspect, a lawyer whose …