Justice Iyabo Yerima of the Oyo State High Court sitting in Ibadan has ruled that the action of the Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC), in investigating and detaining one Amos Olugbenga Olaniyan, a.k.a Crime Alert, in a case of investment fraud, was proper.
Justice said this at the delivery of judgment in a fundamental human rights enforcement suit filed against EFCC by Olaniyan after his arrest in May.
He was picked up after a series of petitions by victims who alleged Olaniyan of persuading them to invest in a network scheme that offered a monthly 30 per cent return on investment, through his company, DHIL Nigeria Limited, popularly known as Crime Alert Security Network Investment.
Some of the victims said that they were persuaded to invest after listening to his weekly radio programme.
Among the reliefs sought by the Crime Alert boss was an order declaring his arrest and detention illegal and monetary compensation of N20 million for wrongful infringement on his rights and a public apology.
Justice Yerima, in her ruling, stated that sections 6 and 7 of the EFCC (Establishment) Act, 2004 and section 35 and 36 of the Constitution of the Federal Republic of Nigeria 1999 (as amended), empowers the EFCC to arrest and detain the applicant in carrying out its statutory responsibilities to investigate alleged cases of economic and financial crimes.
She thereby dismissed the suit as unmeritorious and refused all the reliefs sought by the applicant.
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