Demdem's Posts
Nairaland Forum › Demdem's Profile › Demdem's Posts
1 2 3 4 5 6 7 8 ... 118 119 120 121 122 123 124 125 126 (of 645 pages)
The protection seeker is fast becoming deranged. ![]() |
Justice J.T. Tsoho gave the order on Friday in a suit filed by Mr. Sanusi through his counsel, Kola Awodehin. A Federal High Court in Lagos has given a preservatory order restraining the Financial Reporting Council of Nigeria, FRCN, from investigating the suspended Central Bank Governor, Lamido Sanusi. Justice J.T. Tsoho gave the order on Friday in a suit filed by Mr. Sanusi through his counsel, Kola Awodehin. Friday’s order comes 24 hours after a separate court ruled that Mr. Sanusi was illegally detained and his passport illegally seized by the Department of State Security Service, SSS, after his suspension. The court ordered the payment of N50 million damages to Mr. Sanusi. On Friday, Justice Tsoho barred the FRCN from investigating Mr. Sanusi and the Central Bank, CBN, pending the determination of the suit. Mr. Sanusi had on March 27 refused to appear before the Council which was investigating allegations of financial recklessness against the CBN boss. In a letter to the Executive Secretary of FRCN, Jim Obazee, to explain why his client would not honour the Council’s invitation, Mr. Awodein, a Senior Advocate of Nigeria, SAN, said the invitation was not only in bad faith, but premeditated to embarrass and disparage his client. President Goodluck Jonathan had suspended Mr. Sanusi from office on February 21, 2014 following the recommendation by the Council, which accused the CBN, under his leadership, of financial recklessness. The recommendations followed the Council’s review of Mr. Sanusi’s response to its report on the audited financial statement of the CBN for the year ended December 2012 and other related issues, which it described as unsatisfactory. Following the receipt of the Council’s invitation on March 14, 2014, Mr. Sanusi said he responded two days later seeking clarification on the specific activities of the CBN the FRCN was investigating. He said since no response was forthcoming from the Council, he did not see any need to honour the invitation, noting that he was surprised to see advertorials in newspapers and other media publicizing the invitation. Describing the adverts as evidence of the Council’s avowed intent to act prejudicially, Mr. Sanusi said it was appalling that he was being invited after the Council had arrived at the “false and malicious conclusions” in its Briefing Note of June 7, 2013, on which the President relied to suspend him from office. Criticizing the Council’s recommendation for his suspension from office along with the Deputy Governors, Mr. Sanusi noted that the opinion that, if they remained in office, they would take advantage of the information at their disposal to attack government, amounted to pre-judgment of the issues it was investigating. He said the Council’s report lacked integrity since the FRCN neither gave him fair hearing, nor allowed him the opportunity to respond to the weighty allegations contained in the Briefing Note to the President. Besides, he said a review of Sections 7, 8, 11, 25, 28, 58(2) and 62 of the FRC Act 2011 revealed that the Council lacked the authority and powers to conduct the investigation it was seeking to undertake. Mr. Sanusi said he was not afraid of any objective investigation by an appropriate and impartial authority into either the activities of the CBN during his tenure, or his activities as a citizen. He said he was, however, constrained to decline the FRC’s invitation for some compelling reasons. He gave the reasons as bias, breach of the rules of natural justice, absence of statutory powers, violation of the rule of law, and the Council’s attempt to carry out an investigation considered prejudicial to good public administration and the special position of the CBN. It was on that same day that Mr. Sanusi filed the suit that Justice Tsoho heard on Friday. According to legal papers filed, Mr. Sanusi’s lawyers told the court that by virtue of the provisions of Sections 7, 8, and 62 of the FRCN Act 2011, the Council lacked the statutory powers to investigate him and the CBN. The council, after receiving Mr. Sanusi’s court papers last Thursday halted investigations of the bank chief but said it would continue with the CBN. Friday’s court order, however, asked the FRCN to halt the investigation of both parties. The case was adjourned to April 11. http://www.premiumtimesng.com/news/158088-breaking-court-stops-financial-reporting-council-investigating-sanusi-cbn.html |
Your action abuse of executive power, court tells FG BY LUKMAN OLABIYI A Federal High Court sitting in Lagos, yesterday affirmed the claim of the suspended Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi that the planned investigation by the Financial Reporting Council of Nigeria (FRCN) is to execute a witch-hunt against him. Ruling in a fundamental rights enforcement suit filed by Sanusi against his planned probe by FRCN, Justice John Tsoho said the FRCN’s action was in bad faith, besides being an abuse of executive power. “Sanusi submitting himself to the probe panel by FRCN over allegation of financial recklessness will be like a cockroach finding itsself in the midst of fowls,” he said. The court therefore restrained FRCN from investigating the plaintiff and also granted all the reliefs sought by Sanusi. In the suit, the suspended former CBN governor alleged that apart from the fact that the principle of fair hearing was ignored in the planned investigation by FRCN, he had been nailed already even before the commencement of the investigation against him. Sanusi denied the allegation in the briefing note to President Goodluck Jonathan by the FRCN that he supervised the writing off of a N40 billion debt owed the defunct Intercontinental Bank by former Kwara State governor, Bukola Saraki. Saraki, now a senator, had allegedly secured the loan from Intercontinental Bank through his company, Joy Petroleum Limited. The loan was said to have been written off during the tenure of Lai Alabi as managing director of Intercontinental Bank. Alabi was appointed as the helmsman of the bank by Sanusi after he sacked its former managing director, Erastus Akingbola. Sanusi also denied that he did not follow due process in writing off another N3.8 billion loan in favour of Heritage Bank, successor to the defunct Societie Generale Bank of Nigeria (SGBN), a bank that had strong link with the Saraki family. Rather, Sanusi said it was the CBN board that approved the write-off of the loan as forbearance to Heritage Bank on December 17, 2010, as part of the process of facilitating the resumption of the bank as a regional bank. Sanusi’s lawyer, Kola Awodein (SAN), argued during the trial that the FRCN lacked the powers to look into the books of CBN under Sanusi, as the investigation was against the principles of natural justice. Awodein said: “The FRCN and the executive secretary who are to conduct the investigation have already shown that they have decided the issues by the statements they made about Sanusi being financially reckless. For instance, my lord, the FRCN executive secretary, in the concluding part of the briefing note to the president said and I quote: ‘It is important for Mr. President to take action fast before Sanusi resigns to foreclose investigation, and also so that the opposition will not accuse the president of allowing such financial recklessness to be perpetrated by the CBN governor under his watch.” However, the FRCN counsel, Adesegun Ajibola (SAN), while responding to Sanusi’s allegations, urged the court to discountenance the allegations raised by Sanusi. He said the court was not an administrative tribunal, and that the allegations ought to have been raised as Sanusi’s defence during the FRCN probe. http://sunnewsonline.com/new/?p=63254 |
MALLAM SANUSI LAMIDO SANUSI RESPONSE TO ALLEGATIONS OF FINANCIAL RECKLESSNESS IN FRCN REPORT http://www.pmnewsnigeria.com/wp-content/uploads/2014/03/LAMIDO-SANUSI-RESPONSE-TO-ALLEGATIONS-OF-FINANCIAL-RECKLESSNESS-IN-FRCN-REPORT.pdf |
Another useless Thread from the protection seeker. Tell me, what did Jonah-daft do about all these? |
IzonOwei: Don't be ridiculous. He talked about rivers killing, where did u deduce that he meant just apc members? |
dearpreye: Foolish talk. What atm do u Av in rivers that the Fg which he will lead doesn't have multiple surplus of such? Even the rivers atm will be fed from abuja under the General supervision. |
anyaekekehinde: U obviously dodged my Abati point. Please ask me again if there is no former head of state that haven't been taken to court. These are lives lost we are talking about and not allegations of corruption. Which living head of state have also been accused of killing? Ur correlation isn't just it. The truth is there is nothing that links the General to the deaths and that explained why those who know choose to apologise to him whenever their supporters decides to be foolish and not because he is a former head of state. Besides, what facts do u Av access to that others don't that u think the General is culpable? |
Chiaka: Next time don't link me up with ur stupidity especially if u know u can't defend it. |
anyaekekehinde: U can't question him but u can praise him repeatedly and give him awards right. Seriously u aren't making sense. When Abati accused him, what happened? How many carnage did we experienced? Instead the General went to court to seek redress and clear his name and Sue them . What did Abati and the guardian do afterwards, they apologised.Why didn't they wait for the court to take his full course? Stop abrogating to the General what he is not. He is respected, fine but obviously not above the law. The simple truth is he wasn't questioned let alone arrested because he has absolutely nothing to do with the carnage. Simple. |
Chiaka: U asked him to remove the plague in his eyes. What do u mean? We are obviously not saying the same thing. I also demanded to see ur criticism of Jonah-daft leadership in doing what was just for crimes committed during his presidency, ur hypocrisy won't allow u to also attend to that. Lastly, what's buhari's business with underage voters? Was he him that registered them? Show me ur facts and i will show u s picture of a pdp agent supervising the registration of underage voters. Again we aren't saying the same thing. |
anyaekekehinde: |
IzonOwei:Whatever, the bottom line is it will be investigated. That is what a good government does and not the sweeping under the carpet as epitomized by the fool in aso rock |
Chiaka:The issue is av u for once challenged Jonah-daft for not bringing to justice what transpired during his presidency? Jonah-daft was there and no one dictated to the fool. he did as he wanted. how dare u and ur kind dictate to the General what and what he will and he wont do? He can choose to and he can decide not to. If u are no happy with his decision, this is a democracy, u can go ahead to the court and demand that the govt investigate the killings since Jonah-daft failed to do it. SImple. |
[s] SeverusSnape:[/s] Crap from an inconsequential fool. |
[s] Nashoji:[/s] Fool, ur cursed papa is no no issue here and none of my business. I Google and this is what i found out............. Chew that.
|
VoteOutPDPJona:Yes he is a hopeless fool. Only fools will eat a billion naira worth of food in a financial year and the following year borrow money to pay workers. Can any sane being do that? |
Nashoji:Fool, what truth are u even implying? Ur kind claimed Buhari killed corpers and u call that truth. are u mad? Fool, ur hopeless papa is a none issue here so carry ur useless curse away. That Jonah-daft is far richer than anyone in ur lineage can ever be doesnt suggest we are in the same shoes. To hell with the drunkard and his wealth. Demdem doesnt give a dman about it. |
SeverusSnape:fool, if tribunal chooses to chase remove wike, there is absolutely nothing u and ur kind can do. |
SeverusSnape: And u are fast becoming a useless gong. |
IzonOwei: Take him to court if u Av ur facts.Buhari has promised to investigate. |
SeverusSnape: Amaechi people, Wike people....are they not rivers people as against what u stated earlier? Jonah-daft and shepo, wikes backbone is already crushed. The tribunal will decide and all will abide. |
SeverusSnape: Fool, what else do u expect than to expose ur kind when the bitter truth has been stated? |
SeverusSnape:Useless child. |
SeverusSnape: Do u have to bring ur lineage curse to the open? U sound pathetic. |
SeverusSnape: Demdem: |
SeverusSnape: So those that met the General are abookis and not people from rivers right? U sound deranged. |
SeverusSnape: Goon, what inconsequential fools like u say about the General carries no weight. What matters is what Jonah-daft who is in a position to know did. Who did the fool prosecute for the killings? |
SeverusSnape: And so what? Carry ur curse alone. |
Sanusi has been vindicated. Long live the emir. |
SeverusSnape: Goon, u think the General will be as incompetent like Jonah-daft, the world known fool right. Expect a shocker. ![]() |
SeverusSnape: Goon, so in ur daft state the General has superior powers over Jonah-daft the president right despite telling us on live TV that perpetrators will be brought to book. The fool lied. |
1 2 3 4 5 6 7 8 ... 118 119 120 121 122 123 124 125 126 (of 645 pages)

