• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

EFCC vows to appeal acquittal of ex-SGF Babachir of alleged N544 million fraud

Justina Mboho by Justina Mboho
November 19, 2022
in Business News
Next Ponzi Scheme: EFCC arraigns Mr ‘Crime Alert’ over N35 million fraud
Share on FacebookShare on TwitterShare on Linkedin

The Economic and Financials Crimes Commission (EFCC) said it will appeal the court’s ruling which discharged and acquitted Babachir Lawal, a former Secretary to the Government of the Federation (SGF) and others of N544 million contract fraud offences.

The Commission made this known in a post on its Twitter handle on Friday evening. It noted that it will obtain a copy of the judgement for an urgent review and challenge its validity at the court of appeal.

Recall that on Friday, Justice Charles Agbaza discharged and acquitted the ex-SGF and others of the 10-count criminal charges proffered against them by the anti-graft agency.

MoreStories

Timini Egbuson’s Love and New Notes opens with N106.5m Box Office Debut

Timini Egbuson’s Love and New Notes opens with N106.5m Box Office Debut

February 16, 2026
Abia State Governor, Alex Otti sitting in a chair in the office

Abia Govt to pay 22-year salary arrears owed to Ex-Councillors

February 16, 2026

How the judge ruled: Ruling on the no-case submission by the ex-SGF, the court held that no ingredients of any offence were made out by the 11 witnesses the EFCC presented.

The court held that the EFCC had failed to establish a prima facie case against the defendants consequently, they were discharged and acquitted.

Meanwhile, reacting to the ruling the EFCC said:

  • “The EFCC is to appeal the ruling of Justice Charles Agbaza of the Federal Capital. Territory High Court Abuja, which today dismissed the 10-count charge of corruption brought against a former Secretary to the Government of the Federation, Mr Babachir Lawal.
  • “But dissatisfied with the ruling, the EFCC has given indication that it will obtain a copy of the judgment for an urgent review and challenge its validity at the appellate court.”

What you should know: The Ex-SGF was arraigned alongside his younger brother, Hamidu David Lawal, Suleiman Abubakar, and Apeh John Monday, and two companies, Rholavision Engineering Ltd and Josmon Technologies Ltd.

 


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Babachir LawalEconomic and Financial Crime Commission (EFCC)
Justina Mboho

Justina Mboho

For further inquiries about this article, contact: Email: justina.mboho@nairametrics.com Twitter: bb_ladyj LinkedIn: Justina Mboho

Next Post
Quantum Leap Africa is providing scholarships to fund PhDs in data science 

N1m Up for Grabs in 10Alytics and Mustard Insights’ Sponsored Data Analytics Hackathon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics