A Federal High Court in Abuja has faulted the procedure adopted by the Asset Management Corporation of Nigeria (AMCON) in obtaining an order empowering it to seize houses belonging to Senator Buhari Abdulfatai for allegedly owing a new generation bank N600million.

Justice Inyang Ekwo, in a ruling on Thursday, found that AMCON misled and concealed important facts from the court in obtaining the ex-parte order issued on March 25, 2021, on the basis of which AMCON took possession of the Senator’s property, including: 12 St. Petersburg Street, Wuse 2 and Plot 516 off Misau Crescent, off Birnin Kebbi Crescent, Garki 2 (both in Abuja).

Justice Ekwo, who issued the March 25 order temporarily empowering AMCON appointed receiver to take over the property allegedly pledged by the Senator when his company – Abadat Ventures Ltd – got the loan from bank, said AMCON concealed the fact that the Senator and his company filed a suit as far back as 2013 (FHC/ABJ/CS/746/13) challenging the legitimacy of the alleged debt.

The judge upheld the arguments by a lawyer to the Senator and his company – Ahmed Raji (SAN) to the effect that the suit filed by AMCON in March this year, while the 2013 suit was still pending, amounted to an abuse of court process.

Justice Ekwo rejected arguments by AMCON lawyer, who had relied on the provisions of sections 33(a) and 39(c) of AMCON Act (2019), and held that both sections were inapplicable because they were enacted during the pendency of the earlier suit filed by the Senator and his company.

“lt is only just and proper that the action filed since 2013 be concluded before the first claimant (AMCON) can take further action on the property,” the judge said.

He added that AMCON Act 2019 cannot apply to a suit filed in 2013 before the amended AMCON Act became effective.

“I have noted that when the claimants filed this action by their ex-parte motion for interlocutory possession, dated 11th March, 2021, which this court granted on 25th March, 2021, no averment in the affidavit in support thereof made any mention of an existing action in court.

“I believe that, if that was done, the court would have made orders requisite in the circumstances of this case.

lIt can therefore be said that the order of this court on the motion ex-parte of the claimants was not made upon full disclosure of material facts by the claimants.

“Where the court discovers that it has been made to make an order upon non-disclosure of relevant and material facts, such order is liable ex debito justitiae (as of right) to pe set aside.

“I find that the claimants filed this action during the pendency of suit No. FHC/ABJ/CS/746/2013 – Abadat Ventures Ltd. & Anor v. Asset Management Corporation of Nigeria & Anor – which subject matter is the same as that of this case and the parties are the same, amount to multiplicity of suit on the same subject matter and between the same parties.

“In such situation, the later action is considered as abuse of process of Court and I so hold.

“I make an order setting aside the order make on the ex-parte motion by the Claimants in this case on 25th March, 2021.

“I also make an order dismissing this case for being an abuse of process of court.

“The claimants should know what to do if they have any right to protect or claim in suit No. FHC/ABJ/CS/746/2013 – Abadat Ventures Ltd. & Anor v. Asset Management Corporation of Nigeria & Anor. The law in clear on such situation,” Justice Ekwo held.

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa on Thursday, September 23, 2021 disclosed that the Commission has so far recorded 978 convictions in 2021.

He made this disclosure during a courtesy visit to the Administrator of the National Judicial Institute, Justice Salisu Garba Abdullahi at Jabi, Abuja.

Bawa, who said he was visiting to promote the cordial relationship between the NJI and the Commission, noted that, “the NJI has been with us in our capacity building for judges, justices, investigators and prosecutors in the areas that we feel we need to develop ourselves for the betterment of administration of criminal justice system”.

He expressed delight at the level of support from the judiciary in the fight against corruption.

According to the EFCC boss, the Commission has secured hundreds of forfeiture orders leading to the recoveries of billions of Naira for various state governments and individuals. “At the last count, we have 978 convictions this year, which is a testament to the fact that the judiciary is cooperating with us.”

Highlighting some of the achievements of the Commission, Bawa stated that the EFCC has embraced the use of technology in all its mandate areas and is working on several policy documents that will improve its effectiveness.

Responding, the NJI Administrator, Justice Salisu Garba Abdullahi assured that the Institute will continue to partner with the EFCC in the area of capacity building. “We must contemplate each other, so that our country can be corrupt-free. The relationship and collaboration which has been consummated by my predecessor will not only be continued under my watch but will be strengthened,” he said.

Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested twenty one ( 21) suspected internet fraudsters in an early morning sting operation in Umuahia, Abia State.

The suspects are: Orji John Chika; Stanley Chukwkreka; Torti Nnana; Chukwuebuka Onwuegbu; Anyanwu Emmanuel Gideon; Obioma David; Inadinma Daniel; Ohakwe Joseph; Oburu Emmanuel, Justin Ashiesbu Chinedu and Godwin Onyekwere;

Othere are: Clarenth Chieindu; Ibe Ezewa; Prosper Chimezie; Obinna Iromachi; Anslem Nnamdi; Reality Ezekiel; John Ottah; Prince Chinemerem, Chidozie Obioma and Anderson Nnamdi.

They were arrested without any incident, based on diligent surveillance and verified intelligence on their suspicious internet-related criminal activities.

Items recovered from them are: One( 1) Lexus RS 350 Sports Utility Vehicle; Three(3) Lexus ES 300 cars; one( 1) Toyota Camry car; fifty( 50) phones of different brands; eight( 8) HP laptops; one( 1) Dell laptop; 15 Airtel SIM cards; 1 international passport; 1 Ford car key; 1 Samsung wrist- watch, 1 headphone and 1 printer.