The Economic and Financial Crimes Commission (EFCC), has closed its case against Rasheed Ladoja, the former Governor of Oyo State, who is being charged with alleged N4.7billion fraud before a Federal High Court in Lagos.
On Tuesday, EFCC closed its case against the defendants after his last witness, Abubakar Madaki, was crossed examined by the defence counsels Adeyinka Olumide-Fusika and Bolaji Onilenla.
During the cross-examination, Olumide-Fusika, questioned the witness if he was aware that all the mandates given to Fountain Securities on behalf of Oyo State for the sale of the shares were signed by the then commissioner for commerce, to which he responded that he was aware.
The defence counsel stated that they would file applications for no-case submission on behalf of their clients and prayed the court for an adjournment.
Justice Mohammed Idris adjourned the case until September 27 for the adoption of written addresses.