APC presidential aspirant, Tunde Omosebi sues CBN, UBA, GTBank, Zenith for £990 trillion damages

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APC presidential aspirant, Tunde Omosebi sues CBN, UBA, GTBank, Zenith for £990 trillion damages

Tunde Omosebi Files £990 Trillion Suit Against CBN, Others Over Alleged Rights Violation

Tunde Omosebi, a former presidential aspirant under the All Progressives Congress (APC) in the 2023 elections, has instituted a legal suit against the Central Bank of Nigeria (CBN) and several other entities, demanding £990 trillion in damages for what he described as the violation of his fundamental rights.

PulseNets learnt that Mr. Omosebi, in the case filed before Justice James Omotosho of the Federal High Court, Abuja Division, is also seeking a court order to convert the CBN into a Reserve Bank of Nigeria.

Furthermore, the claimant urged the court to mandate that commercial banks implicated in the alleged financial irregularities—leading to an economically disadvantaged state—be restructured into “DRIG BANK” and appropriately registered with the Corporate Affairs Commission.

PulseNets reported that Mr. Omosebi is also demanding £99 trillion in exemplary damages against the defendants. Additionally, he seeks a 10 per cent interest on the total recoverable sum and N5 million as the cost of filing the lawsuit.

Speaking to PulseNets, the claimant emphasized the traumatic experiences he endured and appealed to the court to grant his relief under the Fundamental Rights (Enforcement Procedure) Rules 2009, guaranteed by the 1999 Constitution (as amended).

The suit, marked FHC/ABJ/CS/766/2024, lists the CBN, United Bank for Africa, Guarantee Trust Bank, Zenith Bank, the Senate, and the House of Representatives as the first to sixth defendants. The Ministry of Finance was named as the seventh defendant, with several other banks also included.

Filed pursuant to Order, Rules 1, 2, 3, and 5 of the Fundamental Rights (Enforcement Procedure) Rules 2009, and Sections 34(1)(a), 35(1), 36(1), 41(1), and 46(1)-(3) of the 1999 Constitution (as amended), the suit is also grounded in the inherent jurisdiction of the court.

In an affidavit personally deposed to, Mr. Omosebi described himself as a businessman, politician, chairman of the Federation Executive Council, and the prime minister of the Federal Republic of Nigeria. According to him, his income is derived from his roles, executed projects, and his business investments, as outlined in a corporate resolution.

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The applicant alleged that the defendants violated the assembly industrial agreement and denied him his fundamental rights under the Fundamental Rights (Enforcement Procedure) Rules 2009 and Sections 35, 43, 45, and Fundamental Objectives and Directives of State Policy 14(2)(b) and 16(1)(a-b) of the 1999 Constitution.

Justice Omotosho has fixed February 5 for the hearing of the case.


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