Court to hear SEC’s counter-claim in suspended DG Gwarzo’s suit Jan. 30

The National Industrial Court, Abuja, on Thursday adjourned
until January 30, 2019, hearing of counter-claim and other pending
applications filed by the Securities and Exchange Commission and
two other defendants.

The suit instituted by the suspended Director-General of SEC,
Mounir Gwarzo, is challenging his suspension before the court.

At the resumed hearing, Gwarzo’s counsel, Adetayo Adeyemi, told
the court that he had been served processes from all three
defendants.

Adeyemi said the application from SEC, the first defendant
through it counsel, Abduljalil Musa, was for counter-claim, while
the application from the Minister of

Finance, the second defendant through her counsel, Chinedu
Achumie was to regularise their processes.

The counsel went on to say that he also received processes filed
by the Attorney-General of the Federation, the third defendant
through his counsel, Abdullahi Abubakar.

The judge, Justice Sanusi Kado, gave each defendant time to
formally raise their motions.

When none of the parties objected to the applications, the judge
said “having not objected, the applications are hereby granted as
prayed”.

Kado then adjourned the suit until Jan. 30, 2019 and ordered the
parties to bring any reply and serve in the next adjourned
date.

The judge also said that all the pending applications, which
include preliminary objections, originating summon and processes
would be taken that day.

News Agency of Nigeria recalls that Gwarzo was suspended in
November 2017, over alleged financial misappropriation.

The claimant is seeking a declaration that his appointment as
D-G of SEC is valid, legal and subsisting.

The suspended D-G is also seeking an order of the court to
direct the first defendant to pay his salaries, benefits and
entitlements from the date of his suspension till date, among other
claims.

(NAN)

Related