On 4 April 2005, Balogun was arraigned at the Federal High Court,
Abuja on charges involving about N13 billion obtained through money laundering, theft and other sources. The
Economic and Financial Crimes Commission under
Nuhu Ribadu brought 70 charges against Balogun covering the period from 2002 to 2004. He made a plea bargain with the court in exchange for returning much of the property and money. He was sentenced to six months in jail. He was released on 9 February 2006 after serving his sentence, part of it in Abuja National Hospital. In November 2008 and again in February 2009, the Chairman of the House Committee on Police Affairs,
Abdul Ahmed Ningi, asked the Inspector General of Police
Mike Okiro, to provide details of the money recovered from Balogun, a request that he passed on to the EFCC chairman, Mrs
Farida Waziri. However, the EFCC stated that they did not have records of the exact properties recovered from Balogun. In April 2009, the House of Representatives Committee on Police Affairs invited Balogun, Mike Okiro and Mrs Farida Waziri to explain how the N16 billion allegedly recovered from Balogun went missing. He died on 4 August 2022. == References ==