Civil Society Sues Acting CBN Governor, Deputy Governor and CCB

In judicial cases, the Network Against Corruption and Trafficking Foundation (NACAT) has dragged the acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi and a deputy Governor of the CBN, Mr Edward Adamu before the Abuja division of the Federal High Court for failure to declare their assets to the Code of Conduct Bureau (CCB).

Also joined as defendant in the suit and filed by the group’s legal counsel, Festus Keyamo Chambers, is the Chairman of the Code of Conduct Bureau.

The applicant premised the suit on the strength of Section 1(1) and (2) of the Freedom of Information (FOI) Act, 2011.

Similarly, the applicant is demanding the assets and declaration forms of Adamu, wherein he failed to declare his interest in three Companies.

An affidavit in support of the originating motion ex-parte deposed to by Stanley Ugagbe, the operational Manager of NACAT stated the respondents had vehemently refused to avail them of the documents.

As public officers, Ugagbe stated, the 2nd and 3rd Respondents have statutory obligations to declare in their Asset Declaration Forms, the interests they have in any other companies, while assuming their respective offices as Acting Governor and Deputy Governor of the Central Bank of Nigeria, CBN.