Business CBN Pensioners Let Directors Off the Hook, Opt to Settle Out of Court

L

LequteMan

Guest
Central Bank of Nigeria (CBN) pensioners yesterday withdrew contempt proceedings initiated at the Federal High Court in Lagos against three CBN directors, the Nation reports.

The plaintiffs –James Jemilo, Mr Thompson Edun, Mr Jacob Amao, and Mr Joachim Ajala – who sued on behalf of all CBN pensioners, had sought to commit the directors to prison for allegedly disobeying a judgment.

In their suit filed on May 6, 1999, they are praying the court to compel CBN to comply with Federal Government’s directive on pension harmonisation.

They had listed CBN, its Deputy Governor, Corporate Services, Alhaji Suleiman Barau; Director Human Resources Ms Chizoba Mojekwu, and Director of Legal Services, Mr Simon Onekutu as the contemnors.

Justice Saliu Saidu struck out the charge following an application by the pensioners’ lawyer, Mr Tani Molajo (SAN) who said he was instructed by his clients to withdraw the contempt charge following a move to settle out of court.

#Nigeria #CBN

gavel2.jpg
 
Back
Top