Leading jurists at the weekend, again urged the management of the Asset Management Corporation of Nigeria (AMCON), to explore the opportunities offered by the Alternative Dispute Resolution (ADR) centres established by the Federal High Court in its debts recovery drive. Given the huge outstanding debt of over N5trillion, 80 per cent of which is owed…

Justice Nnamdi Dimgba of a Federal High Court, Abuja, has fixed May 27, 2019 to rule on the $40 million fraud case brought by the Economic and Financial Crimes Commission (EFCC) against Robert Azibaola, cousin to former President Goodluck Jonathan. Azibaola and his company, One Plus Holdings, are facing a two-count charge of money laundering and criminal…

Justice Nnamdi Dimgba of the Federal High Court, Abuja yesterday revoked Managing Director of Almond Properties Limited, Olugbenga Obadina’s bail. He also ordered that Obadina, who has been standing trial on an eight-count charge bordering on money laundering, be remanded in Kuje Prison pending the next trial date scheduled for January 30 and 31, 2019.…

Justice Nnamdi Dimgba of a Federal High Court, Abuja, has again adjourned the trial of former Accountant-General of the Federation, Jonah Otunla, to February 7, 2019. The adjournment is consequent upon his absence in court. The court, however, stressed that if he is again absent at the next adjourned date, it would be compelled to…

Justice Nnamdi Dimgba of the Federal High Court, Abuja, has ordered the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to unfreeze the account of Pinnacle Communications Ltd domiciled with Zenith Bank. The judge gave the order at the weekend while delivering ruling on the motion on notice file by Pinacle against the ICPC.…

Justice Nnamdi Dimgba of the Federal High Court, Abuja, yesterday, struck out the suit seeking to commit Senate President Bukola Saraki to prison for allegedly refusing to pay salaries and allowances of Senator Ovie Omo-Agege. The action followed the confirmation that the entitlements of the Delta Central representative had been offset by the upper chamber…

Former President Goodluck Jonathan’s cousin, Robert Azibaola, yesterday opened his defence on the suit brought against him over alleged $40 million fraud. Aziboala is facing trial alongside his company, One Plus Holding Limited, for taking possession and converting $40 million received from the former National Security Adviser (NSA), Sambo Dasuki, to personal use. But he…

The Federal High Court, Abuja has dismissed the suit filed by the Benue Government, challenging the power of the Economic and Financial Crimes Commission (EFCC) to investigate accounts of Benue State. Delivering judgment on the suit on Monday, Justice Nnamdi Dimgba held that the suit was lacking in merit. The judge also held that the…

IBADAN Electricity Distribution Company Limited (IBEDC) Monday got a temporary reprieve from the 21 days ultimate order given to it by the Nigerian Electricity Regulatory Commission...

The Federal High Court, Abuja, has dismissed two separate suits challenging the one-year tenure elongation that was granted the National Chairman, All Progressives Congress...

The Federal High Court, Abuja has ordered an accelerated hearing of the suit seeking to stop the Independent National Electoral Commission (INEC) from proceeding with Senator Dino Melaye’s recall.

The Economic and Financial Crimes Commission (EFCC) yesterday re-arraigned former Chief of Air Staff, Air Marshal Mohammed Dikko Umar, before the Federal High Court, Abuja over alleged N4.8 billion fraud.