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Paris Club Refund: Appeal Court quashes N38.8b fees claim

Naija News • 2d ago
Paris Club Refund: Appeal Court quashes N38.8b fees claim
Paris Club Refund: Appeal Court quashes N38.8b fees claim The Court of Appeal in Abuja has dismissed a N38,878,451,742.22 judgment entered by the Federal High Court in favour of Mr Joe Agi (SAN) over alleged consultancy fees arising from the Paris Club Refund. ‎The suit, filed in 2017 by Agi against the Minister of Finance, the Incorporated Trustees of the Nigeria Governors’ Forum, and the Attorneys-General of the 36 states, claimed 20 per cent of the Paris Club Refund as consultancy fees. ‎Judgment was entered in 2022, prompting appeals by the governors and the Attorneys-General. Following the judgment, Agi moved to enforce it through garnishee proceedings. ‎He secured a Garnishee Order Nisi against the Central Bank of Nigeria (CBN). Despite objections by the CBN, the Federal High C...
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