Adegboruwa Sues Buhari Over AMCON Board

Mon, Aug 24, 2015
By publisher
2 MIN READ

BREAKING NEWS, Judiciary

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Ebun-Olu Adegboruwa, human rights lawyer, wants a federal high court to declare President Muhammadu Buhari’s appointment of three executive directors for the Asset Management Corporation of Nigeria as illegal

EBUN-OLU Adegboruwa, human rights lawyer, has dragged President Muhammadu Buhari to court over the new composition of the Asset Management Corporation of Nigeria, AMCON. Adegoruwa claimed that he was aggrieved and concerned with the appointment of Kola Ayeye, Eberechukwu and Aminu Ismail as executive directors of the AMCON because it violated the law.

In a 22-paragraph affidavit, Adegboruwa said Buhari’s appointment of the three AMCON executive directors on August 18, 2015, was in violation of the section 10(1)c of the AMCON Act 2010.

According to the lawyer, the section 10(1)c of the AMCON Act 2010 provides for the appointment of executive directors of the corporation in consultation with the minister of finance. Besides, he noted that since the president was sworn in on May 29, 2015, until the date of the appointment of the appointment and the time of filing his suit, Buhari was yet to appoint a minister of finance.

Adegboruwa, therefore, argued that said since the office of the minister of finance in Nigeria had been vacant, the said appointment of the three directors “could not have been made in accordance with the provisions of the Asset Management Corporation of Nigeria Act 2010, as there is no substantive minister of finance for the first respondent to consult with.”

He, therefore, said it would be in the interest of justice if the court declares the said appointment of the directors as illegal, null and void.

The human rights activist also sought a perpetual injunction restraining the AMCON directors, who are in joined in the case, “from functioning as or further functioning as, from acting as or from further acting as, from parading or holding out themselves or further parading or holding out themselves as Executive Directors of the 3rd respondent (AMCON) in gross violation of 10(1)C of the Asset Management Corporation of Nigeria Act 2010.”

The case was filed on Monday, August 24, at a federal high court, Lagos.

— Aug 24, 2015 @ 16:00 GMT

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