Court adjourns KPMG suit against FRC till November 19



Justice Ibrahim Buba of the Federal High Court, Lagos yesterday adjourned till next Thursday, November 19, 2015 for hearing of the fundamental human rights suit filed against Financial Reporting Council of Nigeria (FRC) and its Executive Secretary, Jim Obazee.

KPMG Professional Services and its Partner, Mr. Ayodele Othihiwa filed the action against FRC.
When the matter was mentioned, Mr. Norrison Quakers (SAN) appearing for FRC told the court that he had just been briefed about the matter, that he is still studying the file and therefore needed time to file response to the suit.

Mr. Babatunde Fagbohunlu (SAN) representing the applicants, inform the court that they have not been able to serve the court process on Obazee, therefore there may be need for him to bring application for substituted service.

Based on the submissions and mutual agreement of the counsel, Justice Buba adjourned the matter till next week when all the parties must have been served.

Meanwhile, the order of the court restraining FRC and Obazee, from taking any action, sanction or measure against KPMG Professional Services and Mr. Othihiwa, pending the hearing and determination of the still stands.

The interim order was sequel to an application argued before the court by Chuka Ikwuazo from the law firm of Aluko and Oyebode, urging the court to restrain the respondents from taking any sanction and also order an accelerated hearing of the suit, now fixed for November 19, 2015, when the respondents must have been served all the originating processes.

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