• Contact Us
  • About Us
Saturday, June 21, 2025
  • 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

SEC Bars INEDs From Switching To Executive Roles, Limits Tenure Of Directors

US Cities Prepare For Extreme Temperatures As Heat Dome Blankets Country

FCCPC Seals Italy, France,  Belgium  Visa Centres In Abuja  Over Alleged Extortion, Obstruction Of Investigation

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

Expectations High As SEC DG Meets Blockchain Industry Stakeholders
News

SEC Bars INEDs From Switching To Executive Roles, Limits Tenure Of Directors

June 21, 2025
US Cities Prepare For Extreme Temperatures As Heat Dome Blankets Country
News

US Cities Prepare For Extreme Temperatures As Heat Dome Blankets Country

June 21, 2025
FCCPC Seals Italy, France,  Belgium  Visa Centres In Abuja  Over Alleged Extortion, Obstruction Of Investigation
News

FCCPC Seals Italy, France,  Belgium  Visa Centres In Abuja  Over Alleged Extortion, Obstruction Of Investigation

June 20, 2025
Iran Strikes Israeli Hospital; Trump To Decide On US Role In Conflict Within ‘Two Weeks’
News

Iran Strikes Israeli Hospital; Trump To Decide On US Role In Conflict Within ‘Two Weeks’

June 20, 2025
Next Post

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

Expectations High As SEC DG Meets Blockchain Industry Stakeholders

SEC Bars INEDs From Switching To Executive Roles, Limits Tenure Of Directors

June 21, 2025
US Cities Prepare For Extreme Temperatures As Heat Dome Blankets Country

US Cities Prepare For Extreme Temperatures As Heat Dome Blankets Country

June 21, 2025
Trump Accuses Fed, Powell Of Creating Inflation On Heels Of Rate Decision

Trump Says May Change Mind About Firing Fed Chair, Powell

June 21, 2025
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