UPDATED: Fri Sep, 03 2010 | Sign Up
   
Welcome Guest  [Login Here]
 
Fraud And Technology Challenge Plague Nigeria’s GTBank || Delta Lawmaker Kidnapped! ||
Opinion Poll
  Do you agree with FG’s handling of Halliburton bribery scam?
   Results


Zenith Small Banner
 
  Watch Videos
 
     
 
 
 
  Watch Images
 
     
 
 
 
  Subscribe News
  Enter your email Id
 
 
Weather in Abuja, Nigeria
Current Conditions:
Mostly Cloudy 23°C
Mostly Cloudy
Wind: VAR 2 mph
WED
9/8
Scattered T-Storms
H:26
L:17
THU
9/9
Isolated T-Storms
H:28
L:16
FRI
9/10
Scattered T-Storms
H:28
L:17
SAT
9/11
Scattered T-Storms
H:27
L:16

Last Update: 8:28:04 AM
 
Email this to a friend    Printable Version
Court Orders EFCC To Pay Stallion Group/Vaswanis N5B As Damages
Wed Jul, 28 2010


The Federal High Court, Lagos, on Wednesday ordered the Economic and Financial Crimes Commission (EFCC) to pay N5Billion as damages to the Vaswani brothers and five co-plaintiffs for unlawful detention, illegal deportation and sealing off their company.

The Vaswanis - Sunil, Mahesh, and Haresh - had in 2009 sued the EFCC and the Attorney- General of the Federation and Minister of Justice for alleged harassment and infringement of their fundamental human rights. Listed as co-plaintiffs are Tajudeen Olalere, Vinay Tuteja, Bhaskar Sinha, Pius Kizhakkudan and Chandrasekaran Ramamoorthy, all employees of the Vaswanis.

Eight companies of the Vaswanis were also named as co-plaintiffs. They are Popular Foods Ltd, Stallion Nig. Ltd, Premium Sea Foods Ltd and Hyundai Motors Nig. Ltd. Others are Stallion Motors Ltd, Honda Place Ltd, Stallion Plastic Industries Ltd and Stallion Textile Industries Ltd. Delivering judgment, Justice Dan Abutu, held that the sealing or seizure of the properties of the plaintiffs and their arrest, detention or deportation of their employees was wrong and unlawful. He also ruled that the commission’s placement of `` No Debt Note’’ that froze the plaintiff’s bank accounts in some banks in the country was unlawful.

``The `No Debt Note' is hereby set aside as no order was sought from the court before it was done. ``The EFCC is hereby restrained from sealing any of the properties of the plaintiffs and also restrained from asking them to pay any money in respect of custom duties’’ Justice Dan Abutu ordered.

  


Views:5285
Article Comments
  ( 9 comments)
On Wed Aug, 18 2010 11:33   by sunday
It is not 5 billion.I read somewhere as 5 million.It is a symbolic penalty for EFCC.Without proper evidences EFCC did all this.If EFCC did all this( call politics) to trap the vaswani bros. then they deserve penalty.
On Sat Jul, 31 2010 02:36   by Ayo Tunde.
Nigeria, We Hail Thee! Sign of Jungle Justice In Nigeria!!!!!
On Fri Jul, 30 2010 12:14   by IBE
Stallion Group/Vaswani Brothers are bunchs of criminals that are behind money loundring and supply of illegal arms in Nigerian very hartless lebanise guys...Nigeria is a mess big mess,there is notting like rule of law in Nigerian .messs...
On Fri Jul, 30 2010 05:39   by chris
our dear dear country,, i feel sorry for nigeria,, in the midst pf all facts against the vaswanis yet we are paying them for committing tax evasion etc... when are we going to lean??
On Thu Jul, 29 2010 11:56   by brown
That Nigerian judge should be sent to jail for asking EFCC to pay illegal immigrants like vaswani criminas that are evil behind money lundering in Nigeria with politicianc to pay some money he must be out of his mind stallion group are money lunders and support evil in that county shame to that court to make such rulling
On Thu Jul, 29 2010 07:51   by AGBOR, USA.
EFCC IT IS TIME TO PAY BACK. THE BIG BOYS ARE READY TO CASH IN. EFCC MUST UNDERSTAND THAT A LOT OF FAMILIES IN NIGERIA ARE FEEDING FROM THESE SENIOR BOYS.
On Thu Jul, 29 2010 08:06   by Joey
Send that Judge to Afghanistan. Only God knows how much of the N5b will go the judge. Nigeria needs revolution. There are no judges and legislators in Nigeria. What we have is a group of people sharing Niger Delta oil.
On Thu Jul, 29 2010 06:53   by solomon
why is it that no one care about the corrupton in lower place ie the polce and the poor citizen
On Thu Jul, 29 2010 03:20   by Allen Brown
JUNGLE COURT = JUNGLE ODER Banana Republic where Millioniers, Billioniers and Trillioniers don't pay tax.

Post New Comment

Your Name*
Comment*
1000 character limit
[Show count]

Identify the text in the image*
 
Comments are subject to admin approval before they are displayed here.



 
Zenith Small Banner
Zenith Bank
   
 
Copyright 2007-2009 The Times of Nigeria,Inc. All right reserved. Privacy policy I Terms of use I Site Map I Contact Us
Developed By: Nigercom Networks Inc.