Adebayo Alao-Akala, former governor of Oyo, has asked a state High Court sitting in Ibadan, the capital of the state, to stay his trial pending the determination of an application he filed to the Supreme Court.
Alao-Akala is being accused of N11.5 fraud. His co-accused are Sen. Hosea Agboola, a former commissioner for Local Government and Chieftaincy Matters in the state, and Femi Babalola, an Ibadan-based businessman.
Hakeem Afolabi, senior advocate and counsel to Alao-Akala, Monday argued before Justice Muniru that the stay of prosecuting was necessary because the outcome of Supreme Court might terminate the trial at the lower court.
However, Benedict Ubi, counsel to the Economic and Financial Crimes Commission, EFCC, argued the application should not be allowed, saying its violates the Nigerian Constitution and Section 40 of the EFCC Act, 2004.
The court has fixed June 4 for its ruling on the stay of proceeding.