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Frozen account: Court rules on Fayose suit 2nd of December.

Posted on November 8, 2016 by Staff Reporter
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A Federal High Court sitting in Ado Ekiti on Monday fixed December 2 for judgment in a suit filed by Governor Ayodele Fayose against the Economic and Financial Crimes Commission.

Justice Taiwo Taiwo gave the date after the parties adopted their written addresses in the suit.

The commission had frozen Fayose’s accounts and that of some of his associates after allegedly tracing N4.7bn from the Office of the National Security Adviser to them and those of the two sons of a former Minister of State for Defence, Musiliu Obanikoro.

The governor, a strong critic of President Muhammadu Buhari, had gone to a branch of the bank located on Bank/Secretariat Road on June 20 for transactions when he discovered that his account had been frozen.

Fayose through his lawyer, Mr. Mike Ozekhome (SAN), had approached the court through an ex parte order seeking a mandatory order de-freezing the accounts but the court ordered that the respondents be placed on notice.

Relying on point of law on Monday, Ozekhome prayed the court to de-freeze Fayose’s accounts because the EFCC allegedly suppressed the fact while attempting to obtain an ex parte order freezing the accounts from Justice Idris of the Lagos Federal High Court on June 24.

Ozekhome argued that the EFCC did not bring it to the attention of the court that the owner of the accounts presented for freezing was a sitting governor, who enjoyed immunity from criminal proceedings by virtue of Section 308 of the 1999 Constitution.

Justifying the freezing of the account, the EFCC’s lead counsel, Rotimi Oyedepo, argued that what the anti-graft agency had done in freezing the governor’s accounts was “merely to preserve the rest of the money in the account so that the first respondent (EFCC) will not be prejudiced by the conduct of the applicant (Fayose) ‘allegedly’ aimed at dissipating the proceeds.

“By the provision of sub-section 5 of the EFCC Act, the first respondent (EFCC) or any of its representative, such as the investigative officer has the power to instruct the second respondent (Zenith Bank) to place a stop order on the account.”

Posted in NEWS | Tagged Court, Fayose, Frozen Account | 1 Reply

Frozen Account: Fayose Drags EFCC To Court

Posted on June 29, 2016 by Staff Reporter
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Governor Ayodele Fayose has dragged Economic and Financial Crimes Commission (EFCC) and a second generation bank before a Federal High Court in Ado Ekiti over freezing of his personal bank accounts.
The court has ordered the anti-graft commission and the bank to show cause why an Order Exparte to unfreeze the governor’s accounts, submitted yesterday by the Fayose’s legal team, should not be upheld.
The judge gave Monday, July 4 for the EFCC and the bank to appear in court with the said evidence.
Mr. Mike Ozekhome  had, through an exparte order, deposed to on June 24 by Bimpe Olatemiju sought a mandatory order unfreezing the accounts belonging to and operated by him pending the determination of his interlocutory application.
Joined in the suit are the EFCC, first defendant, and the bank as second defendant.
The order was supported by an 18-paragraph affidavit, a lone exhibit, which was a letter issued to Fayose by the bank confirming that the EFCC actually placed a restriction order on the accounts and a written address.
He also sought the leave of the court for the service of the originating summons on the defendants in their various addresses outside the jurisdiction of the court as contained on the order papers, supported by a 17-paragraph affidavit.
Ozekhome said the order was brought pursuant to Order 26, Rule 8(1) of the Federal High Court Civil Procedure Rule 2009 and Section 44(1) of the 1999 Constitution, which gives the court the discretionary powers to adjudicate on such matter.
Citing the case of Abdulaziz Nyako Vs EFCC to buttress his position that the anti-graft agency had no power to freeze Fayose’s account without valid court order, Ozekhome said the action was a flagrant negation of Section 308 of the constitution, which conferred absolute immunity on the governor against civil and criminal procedures.
He said it was appalling that the EFCC could play the ostrich to these valid constitutional requirements.
Delivering his ruling, Justice Taiwo Taiwo, said he understood that the applicant (Fayose) enjoyed immunity and that the court could adjudicate on the matter as canvassed by the counsel to the plaintiff, but pointed out that the relief he sought was a mandatory order of the court.
“I quite agree that the applicant has immunity pursuant to provisions of the constitution, but it is glaring that what the application he is requesting for is a mandatory order to undo what had already been done and the court cannot abdicate its duty under this circumstance.
“I am of the opinion that this mandatory order is better granted with the interlocutory order being sought through an application pending before the court, because the applicant has filed all papers to this effect.
“I hereby ordered the first and second respondents to appear before this court on July 4, 2016 and show cause why the order should be refused.
“This is not a refusal of the order, I have not refused it, but I only put it in abeyance which I said without prejudice to what will be the position of the respondents.
“But a leave is granted for the service of the defendants with the originating summons in their respective addresses as contained on the order papers,” the judge ruled.

Credit: Sun

Posted in NEWS | Tagged Court, Drags, EFCC, Fayose, Frozen Account | 2 Replies
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