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Tuesday, May 13, 2014 Vol. 1 No. 84
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Court stops Financial Reporting Council’s probe of Sanusi Joseph Onyekwere
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Federal High Court sitting in Lagos yesterday restrained the Financial Reporting Council of Nigeria (FRCN) from probing the suspended Central
Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi. Justice James Tsoho held that there was clear evidence that FRCN’s bid to investigate Sanusi’s tenure at CBN was tainted
with bias and motivated by bad faith, adding that while the FRCN Act empowered it to conduct such an enquiry, it cannot do so without recourse to due process. The judge held that FRCN’s recommendations
in a briefing note to President Goodluck Jonathan were ultra vires and outside the powers conferred on the council as contained in the FRCN Act, 2011. According to him, the defendants, including
FRCN’s Executive Secretary, Mr. Godson Nnadi, having reached a conclusion as to Sanusi’s culpability as governor of CBN, as indicated in the briefing note and newspaper publications, can no longer
probe Sanusi. The judge also affirmed the court’s jurisdiction to adjudicate on the matter brought before it by Sanusi. He dismissed the C O N T I N U E D O N PA G E 2
Boko Haram offers to trade girls for detained insurgents lFG rejects offer, insists on unconditional release of abductees lMark: We will fight sect with every resource at our disposal lObasanjo condemns abduction Temitope Ogunbanke, Muritala Ayinla and Anule Emmanuel
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hey appeared in the public yesterday, the first time since their
abduction from Chibok, Borno State, about three weeks ago. The appearance of the abducted girls of Government Girls’ Secondary School, Chibok, who
looked visibly scared, was via a videotape released by the outlawed Boko Haram, which has claimed responsibility for the late night raid on the school, during which 276 of them
were taken into captivity. They were in the school taking exams when they were kidnapped, but about 53 of them were later reunited with their families with many of them escap-
Some of the schoolgirls abducted by Boko Haram in Chibok, Borno State, as paraded in a video released by the sect... yesterday.
DSS parades five Nyanya bombing suspects }3
ing from their abductors. In the 17-minute video, obtained by the Agence France Presse (AFP), about 130 of the schoolgirls, dressed in black and grey veils sit on the ground in
an undisclosed location, chanting verses from the Holy Koran. The video also showed Boko Haram self-acclaimed leader, Abubakar C O N T I N U E D O N PA G E 2
PHOTO: AFP
Obasanjo: Lamido qualified to run for presidency }11