A Federal High Court sitting in Kano, presided over by Justice Abdullahi Liman, has restrained Kano State Government from borrowing N10 billion for the installation of CCTV cameras.
The State House of Assembly had on June 15 approved Governor Abdullahi Ganduje’s request to access N10 billion from Access Bank
It will be recalled that Kano First Forum (KFF), an NGO, had filed a motion exparte dated June 27 sworn by the Director-General of the Association Dr Yusuf Isyaka Rabiu.
The counsel to KFF, Barrister Badamasi Suleiman Gandu, prayed the court to restrain the Governor of Kano from borrowing N10 billion loan.
The applicants in their prayers alleged that the state government did not comply with the Debt Management Office Establishment Act 2003, Fiscal Responsibility Act 2007 and laws of Kano State 1968 praying the court to declare the Defendant’s action as illegal, null and void.
The respondents in the suit are: the Governor of Kano State, Attorney General of Kano State, Commissioner of Finance Kano, and Speaker Kano State House of Assembly.
Other respondents in the suit are Access Bank, Federal Ministry of Finance, Debt Management Office and Fiscal Responsibility Commission.
Justice Liman granted the prayers of KFF and restrained the first respondent from borrowing the N10 billion loan and ordered all parties to maintain status quo.
He also ordered the plaintiff to serve the Federal Ministry of Finance, Debt Management Office and Fiscal Responsibility Commission with the order and other court processes.
The KFF approached the court challenging the Governor of Kano State from borrowing the sum of N10 billion on the allegations of non-compliance with rules and regulations governing loan transactions.
Justice Liman said that the adjourned date will be later communicated to both parties in the suit.
The post Court Restrains Kano State Govt. From Borrowing N10bn Loan appeared first on Naija News.