Lawyer Sues Buhari Over AMCON Board


Activist-lawyer Ebun-Olu Adegboruwa has filed a suit against President Muhammadu Buhari over for appointing the Asset Management Corporation of Nigeria (AMCON) board without recourse to the Senate.

According to him, the appointments, made on August 19, was in clear violation of the relevant statute setting up the agency.

He referred to Section 10(1) (C) of the AMCON Act 2010 which provides that the board, consisting of three executive directors nominated by the Central Bank of Nigeria (CBN) in consultation with the Minister of Finance, must be appointed subject to Senate confirmation.

The lawyer is, therefore, seeking a declaration that the President cannot appoint anyone as Executive Director of AMCON without complying with Section 10(1)C of the AMCON Act 2010.

He is praying the court to hold that the appointments, having been made without complying with the Section, illegal, unconstitutional, null and void and of no effect whatsoever.

Adegboruwa is asking for an order “nullifying, annulling, voiding, cancelling and invalidating the appointment of the Executive Directors of AMCON by the President.”

He is also seeking to obtain an order of perpetual injunction restraining the persons purportedly appointed by the President from functioning or further parading themselves as AMCON’s Executive Directors.