Law Daily Report

Court strikes out suit against Sovereign Wealth authority, MD

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Federal High Court in Abuja on Monday struck out a suit praying for an order suspending the Managing Director/Chief Executive Officer of the Nigerian Sovereign Investment Authority, Uche Orji, and

an order for a forensic audit of the organisation’s accounts from inception.

He also argued that the National Assembly lacked the power to make a law like the NSIA which he contended authorised the violation of the provisions of Sections 80 and 162 of the Constitution.While he did not disclose the reason for the application for the withdrawal of the suit, he urged the court to strike it out.

But the plaintiff had insisted that the case be struck out and not dismissed, after which the court adjourned till Monday for ruling. The court, however, ruled that the two defendants having been made to file their defence before the application for the withdrawal of the suit was filed, were entitled to N150,000 cost to be paid to them by the plaintiff.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Edo: Trouble for APC as ADP asks court to disqualify Ize-Iyamu - Daily Post NigeriaThe Action Democratic Party (ADP) has instituted a suit seeking to disqualify the All Progressives Congress (APC) and its candidate, Osagie Ize-Iyamu,
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Go to court if you think NBA election was rigged– AkpataIn this interview with OLADIMEJI RAMON, the President-elect of the Nigerian Bar Association, Mr Olumide Akpata, refutes allegations of electoral malpractices and speaks on some of his programmes fo...
Source: MobilePunch - 🏆 8. / 63 Read more »

Akwa Ibom High Court orders COAS to apologise to monarch over breach of human rights|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »

Blasphemy: Court sentences Kano singer to deathThe Kano Upper Shari’a Court has sentenced a 22-year old man to death by hanging for blaspheming Prophet Muhammad (pbuh). The court sitting at Hausawa Filin Hoc
Source: Daily Trust - 🏆 13. / 51 Read more »

Edo 2020: ADP Accuses Ize-Iyamu’s Running Mate Of Certificate Forgery | Sahara ReportersTo compound Audu’s woes, the Action Democratic Party (ADP) has instituted a court case at the Federal High Court, Abuja, seeking the court to disqualify the candidate of the APC
Source: SaharaReporters - 🏆 9. / 63 Read more »