ATTORNEY General of the Federation (AGF) and Minister of Justice, Alhaji Abubakar Malami, has asked the Economic and Financial Crimes Commission (EFCC) to furnish his office with the case file of Nze Chidi Duru, on the case of First Guarantee Pensions Limited.
The EFCC instituted a case against Nze Duru in charge no ID/20139C/2015 at the High Court of Lagos State.
The AGF’s letter is sequel to a petition from Duru over EFCC harassment and prosecution on a matter that had been decided in his favour by two courts.
In reaction to Duru’s petition, the AGF, in a letter entitled: Re-malicious persecution, signed by Director of Public Prosecution (DPP) of the Federation, Mohammed Saidu Diri on behalf of the justice minister, requested the EFCC to forward the case file to his office to enable the AGF review the case and take an informed decision.
Part of the letter reads: “You may wish to refer to the above subject matter and be informed that the Honourable Attorney General of the Federation is in receipt of a petition from the law firm of U and A Attorneys on behalf of their client, Nze Chidi Duru who is being prosecuted by your commission.”
Nze Duru, who is founder and promoter of First Guarantee Pensions Limited, has been having a running battle with the Nigerian Pensions Commission over the takeover of his company without following due process.
Following a ‘target report’, Pencom had dissolved the board and management of First Guarantee Pensions Limited, without following the provisions of the Pensions Reforms Act.
Duru went to court to challenge this and got favorable judgment. The court ruled that the board and management should be reinstated, but, Pencom has not complied.
The EFCC suddenly came into the matter and, instead, charged him to court