SERAP Drags Buhari To Court Over Move To Borrow N895bn From Dormant Accounts Of Nigerians thebreakingtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebreakingtimes.com Daily Mail and Mail on Sunday newspapers.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Abuja to stop President Muhammadu Buhari
SERAP sues Buhari over move to borrow N895bn from Nigerians dormant accounts premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.
The Companies And Allied Matters Act 2020 – What Every Director Of A Public Company In Nigeria Should Know 2 0 - Corporate/Commercial Law mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
By Nkiruka Nnorom
Aggrieved by the plan of the Federal Government (FG) to borrow the over N158 billion outstanding unclaimed dividend, shareholders have sued the government at Federal High Court of Nigeria, Abeokuta Division, seeking to restrain the government from going ahead with the plan.
They said that allowing the federal government to go ahead with the plan would frustrate efforts by shareholders to recover any outstanding unclaimed dividend given the tedious processes involved in making that claim as contained in the 2020 Finance Act.
The case with Suit No. FHC/AB/FHR/14/2021 has the Attorney General of the Federation and Minister of Justice, Minister of Finance, Budget and National Planning and Accountant General of the Federation as respondents.