Court Dismisses Federal Govt's Suit Seeking To Recover N70trn Looted Funds

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Court Dismisses Federal Govt’s Suit Seeking To Recover N70trn Looted Funds News

Justice Ringim upheld the applicants’ motion and made an interim order freezing the accounts on August 6, 2021.The new judge began hearing the matter on November 24, 2021, and on May 27, 2022, vacated the Ex-parte Order following the Plaintiffs/Applicants’ failure to comply with the Ex-parte Order after over nine months.

Delivering judgment on the substantive suit, the judge criticised the federal government for not diligently prosecuting the suit. Justice Lifu held that since the vacation of the interim order “It has been back and forth, with various excuses, applications for adjournment at the instance of the Plaintiffs/Applicants counsel, Mohammed Ndarani .

“From all indications, the instant case has clearly lost its stance as the Plaintiffs/Applicants seem not to be interested in the matter any longer having failed consistently to be present in court since 9th December 2021. “The chambers of Femi Falana SAN that just filed Notice of Change of Counsel on the last adjourned date have suddenly withdrawn their appearance today.“Going through the Originating Process filed by Mohammed Ndarani Esq. SAN, which is no longer extant as the Ex-parte Order was set aside on 27th May, 2022, there is nothing left again for this Court to adjudicate upon.

 

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