Court mandates EFCC to pay N5m for freezing surety’s account

Court mandates EFCC to pay N5m for freezing surety’s account

The Federal High Court in Lagos has awarded a punitive cost of N5m against the Economic and Financial Crimes Commission (EFCC) for freezing the bank account of one Mr Charles Aiyeyi since December last year.

It was garnered that Aiyeyi had stood as a surety for one Chief Jerome Itepu, who was being investigated by the EFCC.

The court revealed that the anti-graft commission had released Itepu to Aiyeyi on administrative bail.

However, the suspect jumped the bail and refused to honour further invitations by the EFCC.

In December 2018, the EFCC placed a restriction on Aiyeyi’s account. When the surety went to the EFCC office to ask questions, he was arrested and detained for 12 days. He was later released on bail.

Also Read: Onitsha tanker fire kills woman and child, destroys shops

The surety, through his lawyer; Mr J.A.K. Akhigbe approached the Federal High Court in Lagos for the enforcement of his fundamental rights.

He urged the court to declare that his detention and the freezing of his bank account amounted to a breach of his fundamental rights under sections 34, 35 and 44 of the constitution.

He urged the court to award N500m as exemplary and aggravated damages against the EFCC.

But the EFCC filed a counter-affidavit in opposition to the suit.

The anti-graft agency said it froze Aiyeyi’s account because it traced part of proceeds of crime into it; adding that it had charged the surety with the offence of justice obstruction over Itepu’s disappearance.

But the court, in a judgment by Justice Nicholas Oweibo, faulted Aiyeyi’s arrest and the freezing of his account.

The judge held, “The arrest and detention of the applicant because he could not produce a suspect he stood surety for is not a crime known to law.

“The only liability for the applicant for failure to produce the suspect is to show cause or forfeit the sum of N18m bail bond.

“The non-production of any valid court order authorising the freezing of the applicant’s bank account makes it unlawful and unconstitutional.

“Taking into account the status of the applicant; the time it took the applicant to prosecute the case including the effect of the freezing of the account on his family; the court awarded the sum of N5m as compensation in favour of the applicant in the case.

“The cost of N30,000 is also awarded in favour of the applicant against the respondent.”

About The Author

A writer with a keen interest in human stories and topical issues around the world. [email protected]

Related posts

Leave a Reply

Your email address will not be published.