Igi 4 free1/22/2023 ![]() ![]() “An order, directing the defendants to jointly and severally bear the cost of this action assessed at N2 million,” the firm prayed.īut in his decision on September 16, 2021, Justice Ringim held: “To the plaintiff, such were purely civil commercial transaction. ![]() It further requested for an order awarding N50 million as damages against the defendants jointly and severally for breach of its rights. The firm, therefore, prayed the court for order of perpetual injunction, restraining the 1st to 3rd defendants and any other officer of the EFCC from further inviting, harassing, summoning or demanding from it or any of its directors any document, assets, monies and any information relating to the private placement of its shares to the 4th to 8th defendants. The plaintiff also asked the court to declare that the continued invitation of the plaintiff’s officials and employees by the EFCC in connection with the investigation of the private placement offer of its shares to the 4th to 8th defendants in 2007, is beyond the powers granted the organization under the EFCC Act and therefore ultra vires.
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