By innocent ANABA
LAGOS – Professor Ndi Okereke-Onyuike, who was sacked as the Director General of the Nigerian Stock Exchange, NSE, has told a Federal High Court sitting in Lagos, that she has no plan to return to the office at the conclusion of the suit she brought, challenging her sack.
Okereke-Onyuike, it will be recalled, was sacked last year by the Security and Exchange Commission, SEC, over allegations of financial impropriety levelled against the NSE’s management by the then NSE President, Alhaji Aliko Dangote.
She had averred in an affidavit challenging the application by NSE, to be joined in the suit, that she was neither seeking to be reinstated nor did she intend to disrupt the on-going efforts by the interim management to reorganise and restructure the stock market.
She averred that she was through with the NSE, having tendered her resignation letter before her sack and that she harbours no grudge against her former employer and intends not to raise any claim against it.
Okereke-Onyuike had challenged her removal by SEC in the suit. She had also prayed the court to restrain SEC and its agents from treating and relating to her “as a removed DG of the NSE,” in addition to claiming N3billion as damages against SEC.
NSE, in the joinder application, had argued that there was no way its interest would not be affected whichever way the case was decided, if it was not joined as a party in the suit, arguing that despite the former DG’s assurance that her case was not directed at NSE, its organisation, management and operations could be affected by the case’s outcome.
NSE had in its affidavit in support of its defence, argued that, Okereke_Onyuike, who attained the mandatory retirement age of 60 years last November, had tendered her resignation letter last August and had intended to exit the company last December.
According to the Exchange, there were “some allegations of wrong_doings and inappropriate conducts regarding the plaintiff’s tenure of office as the DG of the NSE,” adding that its (NSE) procedures in addressing issues of discipline require that the target of such disciplinary inquiry vacates office while such inquiry was being conducted.
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