#4.7Billion FRAUD: Jubilation as Court discharges and acquits Ladoja Of Corruption Charges

After 11 years of legal battle, a Federal High Court, Lagos, on Friday discharged and acquitted former Gov. Rasheed Ladoja of Oyo State of corruption charges.
Justice Mohammed Idris who gave the 250 page judgment began ruling at about 10 am on Friday morning acquitted Sen. Rasheed Ladoja of all charges against him by the Economic and Financial Crimes Commission EFCC.
Sen. Ladoja faced N4.7 billion fraud charges preferred against him by the Economic and Financial Crimes Commission. The lingering case has lasted for 11 years as it began in 2008 shortly after Sen Ladoja was unjustly and illegally impeached.
In delivering judgment, Justice Mohammed Idris criticized the prosecution case as full of inconsistencies and contradiction stressing that the prosecution failed to prove its case sufficiently against the accused. He therefore found the accused not guilty of the charges proffered against him.
The judge said Mr Ladoja was cleared because the case against him was “too low on credible evidence” and that the prosecution failed to prove a single ingredient in the 11 count charge against the former governor.
Sen. Rasheed Ladoja was the executive governor of Oyo State between 2003 and 2007 under the umbrella of the Peoples Democratic Party PDP. However, he was impeached in January 2006, but was reinstated in December 2006.

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