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Saraki’s Arraignment Seen To Boost Investor Confidence by Adesiji77: 7:46am On Sep 23, 2015
The arraignment of Bukola Saraki, Nigeria’s Senate President, before the Code of Conduct Tribunal (CCT), Abuja yesterday, may have sent positive signals to the international investment community to whom one of the turn-offs in developing economies is concern about respect for the rule of law.

Multinationals typically list lack of respect for the rule of law, slow and winding legal processes, poor infrastructure, government policy flips and corruption, as turn-offs to doing business in developing economies such as Nigeria.

Economy watchers say that following on this, the appearance of Saraki at the tribunal, the legal arguments for and against, which saw him finally sittinng in the dock and the the exercise of legal protocols, displayed due process and respect for the rule of law.

Saraki was on September 11, faced with a 13 count charge bordering on alleged false declaration of assets, by the Code of Conduct Bureau.

But the Senate President pleaded not guilty to the charges.

However, analysts who spoke with BusinessDay were unanimous in their submissions that the absence of a cabinet, especially an Attorney-General, in President Muhammadu Buhari’s government, leaves much to be desired.

They further argue that dealing with corruption and upholding the tenets of the rule of law, necessitate that all the necessary structures be put in place, while efforts be made to strengthen the institutions.

But, some lawyers who spoke with Business Day were divided on the procedures and methodology in the whole drama which they interpreted differently.

Chukwuemeka Eze, principal counsel, Eze and Associates said, “My views on the current happenings at the Code of Conduct Tribunal (CCT) are both legal and political. Legally, CCT is a constitutional creation (Part 1, 5th Schedule to the 1999 Constitution, as amended) and it has a constitutional mandate.

“The Tribunal has jurisdiction to adjudicate upon complaints brought before it by the Code of Conduct Bureau (CCB). Such complaints should allege breaches of the Code of Conduct Bureau and Tribunal Act. Prosecution is supposed to be instituted in the name of the Federal Republic of Nigeria by the Attorney-General of the Federation (AGF) or such officers in the Federal Ministry of Justice with the authority of the AGF to institute such proceedings.

​Another legal practitioner, Tolulope Aderemi, Partner, Perchstone & Graeys, said, “I must start by saying what is presently happening at the Code of Conduct Tribunal (CCT)is a result of the dynamism of the Nigerian judiciary.

“Right from the history of the pre-colonial age through the colonial and military experiences up until the return to Constitutionalism, especially the current democratic dispensation, there has been a compelling need to re-organise and recognise some courts as ‘superior courts of record’.

At the resumed hearing of the suit on Tuesday, Tribunal Chairman, Justice Danladi Umar, vacated the bench warrant he earlier issued for the number three citizen’s arrest.

He also granted the Senate President bail on self-recognition.

Saraki who arrived the tribunal premises at exactly 9:30am, appeared in the box at 11:24am and pleaded ‘Not guilty’ to all 13 charges. The Senate President who addressed the court before taking his plea, told the Tribunal that he was coming across the charges for the first time.

This is the first time in Nigeria’s history that a sitting Senate President is docked.

According to the Fifth Schedule of the 1999 Constitution (as amended), if found guilty, Saraki shall be face any or all of the following: removal from office, disqualification from holding any public office and forfeiture to the state, any property acquired in abuse of office.

At the resumed hearing on Tuesday, Prosecution Counsel, Rotimi Jacobs (SAN), however told the Tribunal that the accused was served over a week ago.

Although he did not oppose the bail application by Saraki’s lead counsel and former President of the Nigerian Bar Association, Joseph Daudu (SAN), he disclosed that the accused declared his assets four times between 2003 and 2011.

The Prosecution Counsel added that he had five witnesses to prove his case and asked for a two-day trail.

But Saraki’s lead counsel, Joseph Daudu, asked for adequate time to prepare for defence, saying: “Let’s go for Sallah and he (Saraki) will come back”.

Relying on Section 6 of the Administration of Criminal Justice Act 2015, the counsel argued that the Tribunal is not a court.

Prior to Saraki’s appearance at the box, a heated argument ensued between both counsels as to whether the charges are criminal or otherwise, with Daudu insisting that the charges are not criminal.

But the tribunal chairman, Justice Danladi Umar ruled that “The charges are criminal in nature” and adjourned the case to October 21, 22 and 23.

Venue of the trial was filled to capacity, with an overflow outside the trial room. Supporters of Saraki besieged the venue with placards of various inscriptions, while women chanted: “Ba Bukky, ba Nigeria”, a Hausa slogan which means, “No Bukky, no Nigeria”.

About 30 senators accompanied him to the Tribunal, including: Deputy Senate President, Ike Ekweremadu, Senators Shaaba Lafiagi, Ighoyota Amori, Rafiu Ibrahim, Theordore Orji, Mao Ohuabunwa, Sam Egwu, Ben Murray-Bruce, Aliyu Wamakko, Gilbert Nnaji, Emmanuel Paulker, Obinna Ogba, Kaura Tijani, Clifford Ordia, Ibrahim Abdullahi, Peter Nwaoboshi, Kabiru Gaya and Tayo Alasoadura.
http://businessdayonline.com/2015/09/sarakis-arraignment-seen-to-boost-investor-confidence/ lalasticlala

3 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Sirnokiopee(m): 7:50am On Sep 23, 2015
Saraki trial boost the consumption of kpomo








Mtcheeeeew ...



Abi nah Saraki dey trend now nah

13 Likes 1 Share

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by 175(m): 7:50am On Sep 23, 2015
Abegy! Make una fear God in APC oooo. . .everything na propaganda!

43 Likes 5 Shares

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by ricsman(m): 7:50am On Sep 23, 2015
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Aminat508(f): 7:50am On Sep 23, 2015
shocked
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by HomoSapiien: 7:55am On Sep 23, 2015
175:
Abegy! Make una fear God in APC oooo. . .everything na propaganda!

Even the life you are living is based on propaganda. smiley

18 Likes 2 Shares

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Nobody: 8:31am On Sep 23, 2015
175:
Abegy! Make una fear God in APC oooo. . .everything na propaganda!

You will soon die of hate

29 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by efilefun(m): 8:45am On Sep 23, 2015
When your GEJ was killing shekau every month what should we call that PDP mode of ruling makes many think everything good is a lie.
175:
Abegy! Make una fear God in APC oooo. . .everything na propaganda!

55 Likes 3 Shares

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by efilefun(m): 8:47am On Sep 23, 2015
A number 3 citizen facing the law.... Now this is the change we all craved for not the business as usual, Some wailers will come here to drop dust just like they did on the thread about investors making their money back after JP trash.

TRADELYN:
#Stale...I don't believe this unless I see it published by a reputable media outside Nigeria. undecided
¬¬¬¬¬¬¬¬
Who send you, like you among those who really need the news... Abegiii park well

13 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by mars123(m): 8:57am On Sep 23, 2015
All these dirty politics talk is trash, Nigeria needs investment in Education, Science and technology and also youth empowerment...youths should not forget the essence of democracy is to have accountable leaders for our sake.

9 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by mars123(m): 8:59am On Sep 23, 2015
when the real change comes, Nigerians will feel it.

11 Likes 1 Share

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by 400billionman: 12:15pm On Sep 23, 2015
It will also boost body odour.

There is nothing you guys won't turn into a media sensational headline..

8 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Dannyset(m): 12:26pm On Sep 23, 2015
The content of the article doesn't add up.

3 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Nobody: 12:58pm On Sep 23, 2015
APC ehhhhhhhh. Una no go kill us with lie and propaganda... chai

This is such an act of desperation to cover up their failures in government and our ever falling and failing economy.

Nigeria is sliding into recession. Godwin Emefiele (CBN GOVERNOR)

18 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Nobody: 1:33pm On Sep 23, 2015
Any form of reduction of corruption either by selective trial,hypocracy, vendetta, witch hunt, politically motivated or personal interest is welcome as long as the person is guilty and judicial process is followed. We should all support any reduction in corruption possible.

Corruption is a greater national problem than any of selective trial,hypocracy, vendetta, witch hunt, politically motivated or personal interest.
Corruption destroy the nation with 170 million people. selective trial,hypocracy, vendetta, witch hunt, politically motivated or personal interest only affect few who are guilty. When you have 100 thieves, it is better to catch 5 thieves even if the remaining 95 go free than allowing the whole 100 thieves to go free.

When people shout about not trying Amaechi , fashola and tinubu as the basis to completely ignore other corrupt people, such call is not for the progress of Nigeria. Such call is not realistic. People making such calls are hypocrite and insincere.

" A leader who destroys those who are devoted to him does not inspire devotion". Buhari knows this. That is why he would not go after Amaechi, fashola or tinubu. That is why the bible told us despite all the attrocities of David, God still called David the man after his own heart. Because david is devoted to him. If God can do that, who is ordinary imperfect human being like Buhari to do otherwise. However should amaechi, fashola etc continue in thier old way, then Buhari can jail them. Saraki deserve to be jailed because he wants to continue in the old ways.

You can only forgive a repentant thief or someone who believe in your course. In the bible, two thieves were lucky to be crucified at the same time with Jesus Christ. Only one of them Identify with righteousness of Jesus Christ. It was only that one that Jesus forgave. Is Jesus christ unjust by doing that? Saraki is an unrepentant thief like the second thief who was crucified with Jesus who refuse to change his path from darkness to light.

We must all support Buhari in the fight against corruption. It is for our own good.


#Buhari_Reduce_Corruption_by_all_Means

24 Likes 2 Shares

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by 175(m): 7:53am On Sep 25, 2015
Yungwizzzy:

You will die one day
Ofcourse! So do you! But why the sheer hate?

3 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by sdindan: 8:02am On Sep 25, 2015
APC Need to confess their sins and repent.
Enough of all this media praises when they're doing nothing.

4 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Tonnierichy(m): 8:43am On Sep 25, 2015
I pray
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by veekid(m): 8:43am On Sep 25, 2015
Ehn ehn
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by EmagNig(m): 8:44am On Sep 25, 2015
Saraki is bad luck



CHECK MY SIGNATURE IF YOU WANT LAFF TIRE TODAY

3 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Burger01(m): 8:44am On Sep 25, 2015
Saraki must go! Nigeria must progress! We say NO to corruption. Saraki is 'corruption'smiley

3 Likes 1 Share

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Miracle4Sure: 8:44am On Sep 25, 2015
Hahaha
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Nobody: 8:44am On Sep 25, 2015
if this is so, then the Senate president has to go to jail for the good of us all. amen somebody!

4 Likes 1 Share

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by dave2meek(m): 8:44am On Sep 25, 2015
Saraki the sacrificial lambgrincheesy

1 Like

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Ideyontop: 8:44am On Sep 25, 2015
Yeye story

2 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by qualityovenbake(m): 8:45am On Sep 25, 2015
Chukwuemeka Eze, principal counsel, Eze and Associates said, “My views on the current happenings at the Code of Conduct Tribunal (CCT) are both legal and political.
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Reekadict04: 8:45am On Sep 25, 2015
cool
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by Jarchi(m): 8:45am On Sep 25, 2015
Must go with all the thiefs,not him alone

1 Like

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by sotall(m): 8:46am On Sep 25, 2015
Propaganda and Rumours and Speculation are the backbone of this govt of dullard buhari and mere commissioner osunbade

2 Likes

Re: Saraki’s Arraignment Seen To Boost Investor Confidence by dayo23(f): 8:46am On Sep 25, 2015
sad
Re: Saraki’s Arraignment Seen To Boost Investor Confidence by RichDad1(m): 8:46am On Sep 25, 2015
Chukwudi, Barcanista and their goons will not like this report

4 Likes

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