- Abdullahi Babalele, the son-in-law of Atiku Abubakar, has been granted bail
- Babalele's international passport has however been seized by the EFCC
- The anti-graft agency gave Babalele conditions he must abide with until the probe on his money laundering allegation is over
The Economic and Financial Crimes Commission (EFCC) has seized the internation passport of the Abdullahi Babalele who was accused of being involved in money laundering to the tune of 150million Euros.
The anti-graft agency said Babalele, who is the son of former vice president, Atiku Abubakar, cannot leave the country until the investigation into his case is over.
The commission added that Babalele, who was released on bail, has been given a list of conditions he must abide with until the end of the probe.
He is being investigated alongside an associate of Atiku, Uyi Giwa-Osagie, who is yet to be released by the anti-graft agency.
An EFCC source, who reportedly spoke to The Nation, said: “Atiku’s son-in-law has been granted bail but with some conditions, including the seizure of his international passport. The high-level investigation on cash-for-poll allegation requires that we should restrict his movement to the country.
“These conditions will subsist until the ongoing probe is completed.”
About €67,950,000 of the 150m Euros has been traced to the accounts of Osagie, Babalele, two slush firms and two Bureau De Change operators.
Of the €67.9m, Uyi’s account received 26,050,00million Euros between January 9th and 28th, 2019. Babalele is expected to account for 41,900,000 Euros.
Legit.ng earlier reported that Uyi Giwa-Osagie was arrested for allegedly laundering about $4 million, described by the EFCC as “suspicious election cash”.
The action of the EFCC reportedly followed a suspicious transaction by a bureau de change operator.
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Meanwhile, the former deputy national publicity secretary of the All Progressives Congress (APC), Comrade Timi Frank, asked the National Peace Committee led by General Abdusalam Abubakar (rtd), to call the federal government to order over unnecessary arrest and intimidation of people loyal to the presidential candidate of the Peoples Democratic Party, Atiku Abubakar.
Comrade Frank decried the fact that the government is still intimidating Atiku's men using state institutions, even after the elections, which he said were not credible.
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