Investment Tribunal Begins Sitting in Enugu, Vows to Discharge 54 Cases in 3 Months

By Christopher Isiguzo in Enugu
After about two years of inactivity, the newly reconstituted Investment and Securities Tribunal commenced sitting in Enugu Tuesday pledging to discharge the 54 pending cases it inherited from the previous tribunal within three months.
Chairman of the newly constituted 10-member panel, Mr. Siaka Idoko-Akor, told newsmen at the end of the panel’s inaugural sitting in Enugu that the tribunal would ensure expeditious discharge of the 54 cases most of which were half heard.
“We have to start all cases de novo including the freshly filed and the half-heard. We want to ensure speedy dispensation of justice. Government wants a change from the manner the previous tribunal conducted its affairs.
“We have to follow the rules squarely. The law provides for a minimum of three months for a case to be dispensed with and we intend not to keep cases here unnecessarily,” he said.
Idioko-Akor, who sat with five other members including Nosa Osemwengie, Mamman Zargana, Albert Otesile, Onyemachi Elujekor and Kasumi Kurfi, further disclosed that his panel had revolved not to entertain frivolous applications that would delay justice.
Details later…

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