EFCC Moves To Close Down Sun Newspapers

The Economic and Financial Crimes Commission, EFCC has moved to take over the Sun newspapers believed to be owned by the former governor of Abia State who was convicted of fraud penultimate Friday.

Officials of the EFCC protected by heavily armed policemen visited the corporate headquarters of the newspaper in the Kirikiri area of Lagos on Saturday and advised staff to take their personal belongings away from the company.

A statement from the management of the company on the development said:

“They arrived the corporate headquarters of The Sun Publishing Limited at 2, Coscharis Street, Kirikiri Industrial Layout, Apapa, Lagos and put up a notice for the staff and the general public to keep off the premises.

“The EFCC officials, who   came in a white Toyota bus with registration number,  ABUJA BWR-644GA, wrote on The Sun’s fence, “EFCC, keep off.”

“They also advised our staff to collect their personal belongings from the office as they will come back to seal the premises completely,” the statement stated.

The management of the media outfit stated in the statement that they did  not understand the legal basis for the EFCC’s action.

” It is on record that there is a pending appeal at the Supreme Court with Suit No: SC/546/2018 wherein The Sun Publishing Limited  appealed  against the Judgement delivered by the Court of Appeal on the interim forfeiture order made against it by a Federal High Court in 2007 based on ex parte proceeding.

“The Notice of Appeal and Motion for Stay of Execution were duly served on EFCC by the bailiffs of the Court.

 “It is also pertinent to state that  EFCC vide a letter written by Counsel to The Sun Publishing Limited, dated  May 22, 2018 and duly received by one Caleb Peter on behalf of Rotimi Jacobs & Co. was further put on notice of the pending appeal at the Supreme Court.

” It was also  advised to stay action in the matter  pending the hearing of the Motion for Stay of execution and the appeal, ”  the statement said.

The management of the  Sun Publishing Limited  also said,   “it is instructive to state that The Sun Publishing Limited is not a party to the case of EFCC vs. Orji Uzor Kalu & 2 Others.

“So,  we do not see why the Judgment in that case should lead to attempt to seal The Sun Publishing Limited premises.”

The publishing company  said that it was  aware that both Sen. Orji Uzor Kalu and Slok Nig. Limited had since appealed the Judgment delivered by Justice Mohammed Idris and a hearing date given.

” We wish to reiterate that The Sun Publishing Limited is an ongoing corporate limited liability company and its shares are owned by various individuals distinct  from Sen. Orji Uzor Kalu.

“Therefore, the recent Judgment against Sen. Orji Uzor Kalu should not be used to disturb the operations of the company and the proprietary rights of  its innocent  shareholders until the matters are dispensed with at the  Supreme Court,” the statement stated.

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