The court of appeal sitting in Abuja has stripped the special presidential investigative panel headed Okoi Obono-Obla, of its powers to prosecute suspects.
The court also ordered the panel not seize assets belonging to fraud suspects.
A five-member panel of the appellate court, led by Hussein Muhktar, gave the ruling on Monday.
The judgement followed a request by Tijani Tumsah, a civil servant, at the ministry of power, works and housing, whose assets were seized.
A high court had ordered the seizure following a case instituted by the presidential panel.
In a reaction to the court order, Tumsah approached the appellate court, through his lawyer, Kehinde Ogunwumiju, a senior advocate of Nigeria.
The court also held that the panel can apply for forfeiture of the properties belonging to public officers under the EFCC Act.
Festus Keyamo, counsel of the panel, had argued that the lower court…
Read More…..The Cable News