Breaking: Nigerian Court Nullifies Sale, Disposal Of Recovered Assets By Attorney-General, Malami’s Committee | Sahara Reporters

The Federal High Court in Lagos has nullified all sales and disposals of assets made by the Attorney-General of the Federation Abubakar Malami under the Asset Tracing, Recovery and Management Regulations, 2019.It held that the Asset Tracing, Recovery and Management Regulations, 2019 were “ultra vires the office and powers” of the AGF.

This, according to the minister, was in accordance with the President’s directive in October 2018 following recommendations of the Presidential Audit Committee on Recovery and Management of Stolen Assets and a need for efficient management of the assets.But HEDA, through its counsel, Omotayo Olatubosun, challenged the AGF’s power to set up the committee.

In its judgment, the court dismissed the AGF’s preliminary objection argued by its counsel, Tolu Mokunolu, and granted all of HEDA’s reliefs as prayed on the motion paper. “The above statutory enactments are therefore the enabling source of the Attorney-General of the Federation to the regulations. “I am therefore in agreement with counsel for the plaintiff that the executive orders or any other forms of definition can be issued pursuant to session 315 of the Constitution; however, they are limited to enactments predating the 1999 Constitution.

Some people are unfortunately enjoying the current mess 😑. So sad 😞.

If I would be ask what is corruption in Nigeria, this is one of the many faces of corruption are have in This country

Look at the way foolani fooling 200 million population, Referendum is needed at all cost, break up loading, No devil can stop biafra restoration ⚔

Hello friends. Good morning. I am a woman with two children and an old mother who desperately need $ 30,000. I also posted an NFT photo, but it is not for sale. Please help me if possible, and no one can help me ...

Good one.

He has already used the money from the sales to buy cars ,

Pay attention to this Man oo.

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.

Court nullifies AGF Malami’s committee on sales, disposal of recovered assetsMr Malami signed the Regulations in 2019 empowering the federal government to determine procedures that anti-corruption agencies must adopt to manage recovered assets. They want to sale it to themselves Great.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

JUST IN: Court nullifies Malami Committee sale of recovered assetsJUST IN: A Federal High Court sitting in Lagos has nullified the Asset Tracing, Recovery and Management Regulations, 2019 for being “an invalid statutory instrument.”
Source: Daily Trust - 🏆 13. / 51 Read more »

INEC to sever CBN ties as Emefiele seeks court’s nod | The Guardian Nigeria News - Nigeria and World NewsA Federal High Court in Abuja has ordered the Independent National Electoral Commission (INEC) and Attorney-General of the Federation, Mr. Abubakar Malami (SAN), to appear before it on Thursday,... Election materials are housed in CBN? No?
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigerian Central Bank Governor, Emefiele Seeks Court Clarification Over Presidential Ambition | Sahara ReportersSaharaReporters had in several reports exposed how Emefiele had been scheming and mobilising funds to fulfil his presidential ambition. Have you ever thought of this, the number of politicians destroying the nation is not up to 5% of the population? Do you also know that 70% of Nigerians are working hard to rebuild Nigeria While the other 25% feel unconcerned Let's save Nigeria now. Follow AGreatNigeria3 What an irritating audacity. Lobbying to bend the law so it suits your selfish ambition. Shame on you! He should resign first before seeking clearance
Source: SaharaReporters - 🏆 9. / 63 Read more »