Home FEATURED The Sun Newspaper Management Speaks On EFCC ‘Takeover’ Of Company

The Sun Newspaper Management Speaks On EFCC ‘Takeover’ Of Company

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EFCC VISIT TO THE SUN OFFICE WITH ARMED POLICEMEN: OUR STAND
Three officials of the Economic and Financial Crimes Commission (EFCC) with four heavily armed policemen  on Saturday, December 15, 2019 at about 10.00 am arrived the corporate headquarters of The Sun Publishing Limited at 2, Coscharis Street, Kirikiri Industrial Layout, Apapa, Lagos and put up a notice for staff and the general public to keep off the premises. The EFCC officials, who   came in a white Toyota bus with registration number,  ABUJA BWR-644GA, wrote on The Sun’s fence, “EFCC, keep off.”  They also advised our staff to collect their personal belongings from the office as they will come back to seal the premises completely.
We do not understand the legal basis for this EFCC action. It is on record that there is a pending appeal at the Supreme Court with Suit No: SC/546/2018 wherein The Sun Publishing Limited  appealed  against the Judgement delivered by the Court of Appeal on the interim forfeiture order made against it by a Federal High Court in 2007 based on ex parte proceeding. The Notice of Appeal and Motion for Stay of Execution were duly served on EFCC by the bailiffs of the Court.
 It is also pertinent to state that  EFCC vide a letter written by Counsel to The Sun Publishing Limited, dated 22nd May, 2018 and duly received by one Caleb Peter on behalf of Rotimi Jacobs & Co. was further put on notice of the pending appeal at the Supreme Court and advised to stay action in the matter  pending the hearing of the Motion for Stay of execution and the appeal.
Again,  it is instructive to state that The Sun Publishing Limited was not a party to the case of EFCC vs. Orji Uzor Kalu & 2 Others, so we do not see why the Judgment in that case should lead to attempt to seal The Sun Publishing Limited premises.
Further more, we are aware that both Senator Orji Uzor Kalu and Slok Nig Limited have since appealed the Judgment delivered by Justice Mohammed Idris and a hearing date given.
We wish to reiterate that The Sun Publishing Limited is an ongoing corporate limited liability company and its shares are owned by various individuals distinct  from Senator Orji Uzor Kalu. Therefore, the recent Judgment against Senator Orji Uzor Kalu should not be used to disturb the operations of the company and the proprietary rights of  its innocent  shareholders until the matters are dispensed with at the  Supreme Court.
In view of the foregoing, we call and appeal to  the Attorney General of the Federation and the Minister of Justice to urgently intervene and advise EFCC appropriately on the legal consequences of its actions.
– Management,
The Sun Publishing Limited

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