SEC’s petition against Hon. Judge in BGL case unsubstantiated - Judicial Council

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Tuesday, April 19, 2016 4.13 PM / TheWill extract


The National Judicial Council (NJC) under the Chairmanship of the Honourable, the Chief Justice of Nigeria, Hon. Justice Mahmud Mohammed, GCON, has exonerated Hon. Justice Saliu Saidu of the Federal High Court, Lagos of misconduct as it found unsubstantiated a petition of alleged misconduct written against him by the Securities and Exchange Commission (SEC).

 

This NJC’s decision was reached at its meeting, held on 13th and 14th April, 2016.

 

Soji Oye, Esq., NJC’s Ag. Director, Information, in a statement Tuesday, said: “The Hon. Judge was alleged to have been biased in granting Ex-parte Orders of injunction against the Commission in Suit No FNC\L\CS\767\15: BGL Ltd and Ors V. Securities and Exchange Commission without due regard to the relevant factors and circumstances of the case.”

 

The Counsel to the Securities and Exchange Commission, Oluwaseun Olusiyi was also reported to the Legal Practitioners Disciplinary Committee for walking out on the Judge on the matter when she was told the matter was not ripe for hearing for disciplinary action.

 

In the last two years, the National Judicial Council has been repositioned and some reforms which are ongoing have been introduced pursuant to the Provisions of Section 160 of the 1999 Constitution of the Federal Republic of Nigeria, as amended, viz:

·         Revised National Judicial Council Guidelines & Procedural Rules for Appointment of Judicial Officers of all Superior Courts of Record in Nigeria; 

·         Judicial Discipline Regulations; 

·         Code of Conduct for Judicial Officers of the Federal Republic of Nigeria; and 

·         National Judicial Policy

 

Given the far reaching amendments effected in the aforementioned documents and the laudable policies introduced in the National Judicial Policy which will impact on the general administration of justice, Council decided that it is imperative for the Honourable, The Chief Justice of Nigeria and Chairman of National Judicial Council to publicly launch them on a date to be announced.”

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