Home Top Story Sun newspaper management reacts to company’s forfeiture to FG
Top Story

Sun newspaper management reacts to company’s forfeiture to FG

76

…says appeal is pending on interim forfeiture order of 2007

 

Following the EFCC’s marking and possibly sealing of the corporate headquarters
of the Sun Publishing Limited at 2, Coscharis Street, Kirikiri Industrial Layout,
Apapa, Lagos, on Saturday, the management has reacted, saying the business
premises should be spared.

Three officials of the Economic and Financial Crimes Commission
(EFCC) with four heavily armed policemen had on Saturday, December 15, 2019,
at about 10.00 am stormed the corporate headquarters of the Sun newspapers.

They put up a notice for staff and the general public to keep off the premises.

The EFCC officials, who came in a white Toyota bus with registration no. ABUJA
BWR-644GA, had written on the fence, “EFCC, Keep Off.”

They also advised staff to collect their personal belongings from the office as they
will come back to seal the premises completely.

But the management in a statement said: “We do not understand the legal basis for
this EFCC action. It is on record that there is a pending appeal at the Supreme
Court with Suit No: SC/546/2018 wherein the Sun Publishing Limited appealed
against the Judgement delivered by the Court of Appeal on the interim forfeiture
order made against it by a Federal High Court in 2007 based on ex parte
proceeding.

“The Notice of Appeal and Motion for Stay of Execution were duly served on
EFCC by the bailiffs of the Court.

“It is also pertinent to state that EFCC vide a letter written by Counsel to The Sun
Publishing Limited, dated 22nd May, 2018 and duly received by one Caleb Peter
on behalf of Rotimi Jacobs & Co. was further put on notice of the pending appeal
at the Supreme Court and advised to stay action in the matter pending the hearing
of the Motion for Stay of execution and the appeal.’’

 

 

Leave a comment

Related Articles

Top StoryTrending Story

Ogun governor’s office accountant killed in bullion van attack, millions of Naira carted away

Robbers struck on Wednesday in Abeokuta, Ogun state capital, killing an accountant...

Top StoryTrending Story

2024 N27.5trn budget: Tinubu targets 3.76 % economic growth, N9.18trn deficit

President Bola Tinubu has presented a N27.5 trillion budget, tagged “Budget of...

Top StoryTrending Story

FG okays 2024 N27.5 trn budget estimates, presents it next week to NASS

Ahead of its presentation next week to the National Assembly, a N27.5...

HighlightTop Story

Reps pledge support for Kyari-led management, laud NNPC Ltd reforms, profitability

The House of Representatives has expressed satisfaction with the Nigerian National Petroleum...

Top Story

NBC’s fines on broadcast stations: Code violates freedom of expression – ECOWAS Court

The Nigerian Broadcasting Code being applied by the National Broadcasting Commission (NBC)...

PoliticsTop Story

Just in: Appeal Court affirms APC’s Benue Gov. Hyacinth Alia’s victory at the poll

The Court of Appeal sitting in Abuja on Monday affirmed the election...

Top StoryWorld News

G20 Summit: German Chancellor, Scholz, Pledges $4.4 billion for Africa-EU Green Energy Initiative

German Chancellor Olaf Scholz has pledged $4.4 billion for Africa-European Green Energy...

Top StoryTrending Story

Just in: PDP’s Plateau Gov. Caleb Mutfwang Sacked

The Appeal Court sitting in Abuja on Sunday sacked the Plateau State...

Top StoryTrending Story

Appeal Court Sacks PDP’s Zamfara Gov. Lawal

The Court of Appeal on Thursday in Abuja nullified the March 18...

Top StoryTrending Story

Breaking: TUC, NLC suspend strike

The two-day-old strike called by the Nigeria Labour Congress and the Trade...

Top StoryTrending Story

Gov. Uzodimma in impressive victory in Imo 27 LGs

Gov. Hope Uzodimma has won in all the 27 local government areas...

HighlightTop Story

Kogi Decides: High-profile officials nabbed with ammunition, weapons

Security agents have apprehended two top officials of the Kogi State Government...

Top StoryTrending Story

Circulation of Kogi gov. poll result sheets: INEC reacts, says investigating

The Independent National Electoral Commission (INEC) says it is investigating the discovery...

Top StoryTrending Story

Just in: Man nabbed with pre-filled result sheets, cash, disrupting election in Kogi

A man, whose identity has not been revealed, was on Saturday morning...

HighlightTop Story

Voters in Bayelsa, Imo, Kogi go to polls today to elect their governors

Eligible voters are filing out in Kogi, Bayelsa, Imo States today (November...

HighlightOil & GasTop StoryTrending Story

NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade

The NNPC/Aiteo Joint Venture has announced the introduction of Nembe Crude Oil...

HighlightTop Story

Tinubu writes Senate for $7.8bn, €100m borrowing plan

President Bola Tinubu has written to the Senate seeking the speedy approval...

Top StoryTrending Story

Just in: Perform or quit, Tinubu tells ministers

President Bola Tinubu on Wednesday told ministers of government to shape in...