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Industrial Court refuses to stay proceedings on board’s election dispute

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National Industrial Court

Judge fixes April 12 for ruling on ex-DG no-case application in alleged fraud case
The National Industrial Court, Abuja, yesterday refused to stay proceedings in the suit brought before it by some aggrieved members of staff of Petroleum Equalisation Fund Management Board (PEFMB).

The PEFMB, an arm of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), instituted the suit in January 2016 following an inclusive election conducted by its Abuja Branch in November 30, 2015.

The court had in February refused a motion for stay of proceedings pending determination of a leg of the suit pending before the Court of Appeal.

According to a statement by SEC, Justice Sanusi Kado at the resumed hearing yesterday, again dismissed the suit filed by the defendants seeking stay of hearing pending the outcome of the motion before the appellate court.

He held that there was no evidence in the court to show that a leg of the suit was before the Appeal Court.

According to the judge, “there was no infringement if the matter is proceeded for hearing.”

The matter has been adjourned till May 2, 2019 for continuation of hearings.

In another development, Justice Hussani Baba-Yusuf of a Federal High Court sitting in Maitama, Abuja, has fixed April 12, 2019 for ruling on a no-case application filed by former Director-General of the Securities and Exchange Commission (SEC), Dr. Mounir Gwarzo and the Executive Commissioner, Zakwanu Garba.

The Independent Corrupt Practices and other related offences Commission (ICPC) had accused Gwarzo of committing fraud to the tune of N115 million in June 2015 when he held forth as SEC Director-General.

The commission alleged that the suspended director-general received N104,851,154.94 as severance benefits when he had yet to retire, resign or disengage from the service of SEC.

Also, the commission alleged that he conferred a corrupt advantage upon himself when he received the sum of N10, 983,488.88 in excess of car grant payable to him.


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