• Contact Us
  • About Us
Tuesday, August 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Alleged N96bn Fraud: Court Dismisses Amaechi’s Appeal, Orders Him To Pay Wike N1m

metro by metro
May 27, 2022
in News
0
0
SHARES
0
VIEWS
The Supreme Court on Friday dismissed the appeal by former Minister of Transportation, Rotimi Amaechi against the decision by Rivers Governor, Nyesom Wike to set up a seven-man panel to probe his eight year tenure as Governor.

The apex court held that Amaechi’s appeal was without merit and awarded N1million cost against him.

The panel was to probe some transactions estimated at about N96billion carried out by Rivers State Government under Amaechi.

The Rivers State claimed Amaechi’s administration fraudulently sold some assets belonging to the State.


 
Amaechi challenged the constitution of the panel at the High Court, arguing among others, that the planned probe was intended to witch-hunt, embarrass and humiliate him.
READ ALSO:Fears On Economy Heighten As Ahmed Says Low Oil Output Barely Enough To Cover Petrol Imports
His suit at the High Court of Rivers State was dismissed, he also lost at the Court of Appeal prompting him to approach the Supreme Court.

The Supreme Court also, in another judgment, dismissed an appeal by former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside.

The appeal by Peterside was against the N6 billion defamation suit filed against him by former Rivers Governor of Peter Odili.
In a judgment on Friday, the apex court held that the appeal lacked merit.

 

Read Also

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

Previous Post

African brands surge to 17% of the Top 100 brands. 

Next Post

Bybit’s World Series of Trading 2022 Entices Top Traders With a Record-Breaking $8M Prize Pool 

Related Posts

UK Finance Minister Says Govt To Cut Cost By 15%
News

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

August 21, 2026
At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest
News

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

August 21, 2026
Nigerians More Vulnerable Now Than When You Came, Kukah Tells Buhari  
News

2027: Ordinary Nigerians Need To See Measurable Improvement In Their Lives-Kukah

August 18, 2026
Next Post

Bybit’s World Series of Trading 2022 Entices Top Traders With a Record-Breaking $8M Prize Pool 

Redefining Work For The AI Era

August 24, 2026

Rwanda Highlights Potential for Migration to Drive Jobs, Skills and Regional Growth: IOM Chief

August 21, 2026
UK Finance Minister Says Govt To Cut Cost By 15%

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version