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SPVs: Keyamo To Appeal Court’s N10m Fine, Dismissal Of Suit Against Atiku, ICPC

Tuesday 6 June 2023

Festus Keyamo, former Minister of Labour and Employment, says he will appeal yesterday’s ruling of a Federal High Court in Abuja which awarded N10m fine against him for filing a ‘frivolous suit’ against Atiku Abubakar, Peoples Democratic Party’s presidential candidate.

“Our client respectfully disagrees with the reasons for the said decision because the law-enforcement agencies did not indicate their willingness to commence investigations, even if they were given more time. We want to establish a legal principle that the society cannot wait as infinitum for law-enforcement agencies to do their statutory duties,” a statement by John Ainetor, Assistant Head of Festus Keyamo Chambers, Abuja Office, partly read.

As reported by Information Nigeria earlier, Justice James Omotosho had awarded a N5million fine each in favour of Abubakar and the Independent Corrupt Practices and other related offences Commission (ICPC), making N10m against Keyamo.

Justice Omotosho, who described the suit as “frivolous, vexatious and abuse of court processes,” directed that the fine be paid “at 10% per annum until the cost is finally liquidated.”

READ ALSO: “Your Law Degree Is Useless” – Atiku’s Aide Mocks Keyamo

Recall that prior to the judgement, Keyamo had sought an order compelling the Economic and Financial Crimes Commission (EFCC), ICPC and the Code of Conduct Bureau to probe and prosecute Abubakar.

Keyamo based his action on the ground of claims by one of Abubakar’s aides, Michael Achimugu, that between 1999 and 2007 when he was vice president, he (Achimugu) conspired with ex-President Olusegun Obasanjo to rip off the country using what he termed “Special Purpose Vehicles.”

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via: Information Nigeria

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