Court
Court declares SEC sanctions against Oando management null, void
Wikipedia Oando shareholders in the persons of Alhaji Yakubu Gumel; Alhaji Kabiru Tambari, suing for himself and on behalf of the Sokoto Zone Shareholders Association; Tunde Badmus, suing for himself and for the benefits of Pacesetters Shareholders Association, bagged yet another win at the Federal High Court (FHC) Kano, in a suit filed against the Securities and Exchange Commission (SEC) for overreaching its powers. Justice A. Lewis Allagoa presiding over the ruling dismissed the regulators preliminary objection and granted all the reliefs sought by the Oando Shareholders. The FHC Kano dismissed SEC’s objection on the basis that the shareholders’ claims fall under their rights as shareholders according to the Companies and Allied Matters Act (CAMA) and is therefore not a capital markets i...
Nigerian government tenders foreign currency in ‘money laundering’ trial of ex-NAF chief
The Federal Government, on Thursday, tendered before the Federal High Court, Abuja, different currencies of dollars stashed in three bags as evidence in the money laundering charge against Air Commodore Umar Mohammed (rtd.) Counsel to the Attorney General of the Federation (AGF), Magaji Labaran, tendered the bags of money before Justice Inyang Ekwo while leading the only witness in the case, Stephen Olatubosun, in evidence. Newsmen report that Mohammed (1st defendant) and his company, Easy Jet Integrated Service Ltd (2nd defendant), are being charged with three counts bordering on money laundering, illegal possession of firearms and possession of classified documents without lawful authority. The retired air officer and his company are alleged to have received the sum of one million, thirt...
Ekiti by-election: Shot policewoman recuperating – CP
Contrary to the news making the rounds, that a policewoman lost her life during Saturday’s bloody poll, in Ekiti East Constituency 1, the Ekiti State Police Commissioner, Mr Babatunde Mobayo, has clarified that she is alive and responding to treatment. Mobayo said the Policewoman who was shot during Saturday’s House of Assembly bye-election, only sustained gunshot wounds and was immediately rushed to the hospital for medicare. Three persons were on Saturday shot dead by suspected party thugs while five others sustained gunshot wounds during the House of Assembly bye-election conducted by the Independent National Electoral Commission (INEC) in the state constituency. Speaking with journalists via telephone in Ado Ekiti, on Sunday, Mobayo, who responded through the Command’s spokesman, ASP S...
Femi Falana: EFCC can mandate bank MDs, executives to declare assets
The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...
Controversy over ex-minister threatening his aide with hammer in trending video
A video released by Sahara Reporters showing former Minister of Aviation, Femi Fani-Kayode, interrogating his former Personal Assistant with a hammer in his right hand, has been trending on social media and generating reactions. In the video, Fani-Kayode can be seen visibly holding the hammer in his right hand until he discovered that he was recovered before hiding it with his body. The video was recorded by his estranged wife, Precious Chikwendu, who can be heard in the background saying the former Minister had a hammer in his hand. Meanwhile, Fani-Kayode has released a statement denying that he threatened his former PA with a hammer. The press release was signed by his Media Aide, Jubril Oladimeji Olaiya. The statement said: “The allegation that Chief Femi Fani-Kayode is a violent man th...
Court rules on suit over Olubadan’s seat
File Photo An Oyo State High Court sitting in Ibadan, on Friday, dismissed a suit filed by the Seriki chieftaincy lineage seeking the nullification of the appointment of Oba Saliu Adetunji as the Olubadan of Ibadanland. Olalekan Fakunle, Rasheed Abinupagun, Gabriel Amao, all of Seriki line, had approached the court, challenging the appointment of Mr. Adetunji. They are also challenging the consistent occupation of the Olubadan throne by both the Balogun and Olubadan chieftaincy lines. While dismissing the case for lacking in merit, Justice Muniru Owolabi said that it was not the business of the court to promote the claimants to the position of Olubadan and other vacant positions in the Olubadan-in-Council. Justice Owolabi said that the 1959 Chieftaincy Declaration of Oyo State had regulate...
NJC recommends appointment of 18 justices for Appeal Court, others
The National Judicial Council (NJC) under the Chairmanship of the Chief Justice of Nigeria, Justice Ibrahim Muhammad, has recommended to President Muhammadu Buhari, the appointment of 18 Justices into the bench of the Court of Appeal. The NJC similarly recommended to eight governors including that of Delta, Rivers, Ebonyi, Kogi, Jigawa and Nasarawa, the appointment of eight judges as Heads of Court in their affected states. The affected judicial officers according to a statement by the Director, Information, NJC, were considered for appointment by the NJC’s Interview Committee at the NJC’s 94th Meeting held on December 17 and 18, 2020. Among those recommended for appointment into the bench of the appellate court are; Justice Bature Gafai, Justice Muhammad Sirajo and Justice Waziri Abdul-Az...
Police arrest 17 kidnap, robbery suspects in Sokoto
The Police Command in Sokoto State on Thursday said it arrested no fewer than 17 suspects over armed robbery, kidnapping and other criminal activities in the state. Mr Kamaldeen Okunlola, the state Commissioner of Police, disclosed this to newsmen in Sokoto. Okunlola said that the command on March 4, arrested one Jabbi Wanto, over criminal conspiracy and kidnapping of two persons in Tamba Garka village of Wurno Local Government Area of the state. “The people of the village reported that on March 4, at about 3 a.m unknown bandits in large number invaded their houses and kidnapped two persons to unknown destination. “The villagers mobilised themselves and followed the bandits where the victims were rescued and Wanto was arrested, who during investigation confessed to have conspired with one ...
Malabu scandal: Italian court acquits Eni, Shell of corruption
Getty Images An Italian court has acquitted Shell and Eni of corruption charges in the $1.1 billion OPL 245 deal in Nigeria. Marco Tremolada, the judge, delivered the decision on Wednesday. Italian prosecutors had alleged corruption in the deal while campaigners said the Nigerian government was short-changed. After years of trial, the court in Milan has now determined that Shell and Eni are not guilty of the the charges. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Court dismisses appeal filed by Imo government on seizure of Senator Okorocha’s properties
Rochas Foundation A three-man panel of the Court of Appeal in Abuja, Wednesday, dismissed the appeal filed by the Attorney General of Imo State and forty others challenging the ruling of an Owerri Federal High Court, which granted Senator Rochas Okorocha the leave to amend processes filed before the Court. Presiding Judge in the Suit with Suit No:CA/ABJ/CV/942/2020, Justice Dattijo Yahaya, dismissed the appeal, following a notice of discontinuance dated and filed on March 16 by the Attorney General of Imo State, Cyprain Akaolisa, on behalf of the appellants. Counsel to Senator Rochas Okorocha, Oba Maduabuchi, opposed the withdrawal of the appeal on the ground that the appellants want to deceive the Court by pretending to discontinue the appeal and go back to Imo State and complete what the...
Police nab two Bayelsa university students with gun
The Bayelsa State Police Command has arrested two students of the state-owned Niger Delta University (NDU) for unlawful possession of a revolver pistol and cultism. A statement on Wednesday by the Police Public Relations Officer, Mr Asinim Butswat, identified the two NDU undergraduates as Joshua Daniel and Kevin Are. While Daniel is a 300-level student of the Department of Economics, Are is a 200-level student of the Mechanical Engineering Department. Butswat said the suspects were picked up with their gun on Tuesday at the jetty in the university town of Amassoma, Southern Ijaw Local Government Area of the state. According to him, the two of them confessed to be members of the Vikings Confraternity, a secret cult. He said they would be arraigned in court when investigation was concluded. ...
Five more suspects arrested over murder of Afenifere leader’s daughter
Five more suspected killers of Mrs Funke Olakunri, 58-year-old daughter of the national leader of Afenifere, Pa Reuben Fasoranti, have been arrested by the police. Recall that the deceased was gruesomely murdered in July, 12, 2019 by suspected kidnappers along the Ore-Lagos highway. The suspects include Lawal Mazaje, 40, from Felele, Kogi State; Adamu Adamu, 50, from Jada in Adamawa State; Mohammed Usman, 26, from Illela, Sokoto State and Auwal Abubakar, 25, from Shinkafi, Zamfara State. Four suspects had earlier been arrested by the police, in connection with the murder case and had been arraigned before the court . They include Muhammed Shehu, 26, Mazaje Lawal, 40, Adamu Adamu, 60 and Awalu Abubakar, 25. They were arraigned on three count charge of conspiracy to kill, murder and kidnappi...
