Onyeacholam, The Ohanaeze President Sues CAC, Demands N500bn

Obinwannem News Onyeacholam, The Ohanaeze President Sues CAC, Demands N500bn

The president-general of Ohaneze Ndigbo under the leadership of Basil Onyeacholam who happens to be a lawyer has sued the Corporate Affairs Commission for N500 Billion over the deregistration of a new faction of the group.

Basil Onyeacholam made this known to press yesterday during a telephone conversation.

This was coming after Corporate Affairs Commission deregisters the new faction of the group stating that it did not meet their conditions.

Recall that after the inauguration of the new faction a few days ago, Ohaneze Ndigbo led by Nnia Nwodo in a counterclaim revealed that Ohaneze Ndigbo has no faction whatsoever, stressing that the only Ohaneze Ndigbo existing is the one championed by Nnia Nwodo, adding that CAC has deregistered those trying to hijack or divide Ohaneze Ndigbo leadership.

Meanwhile, on Thursday Onyeacholam who is the president of the new faction of Ohaneze Ndigbo leadership resurfaced and made their move known.

In his words: ”We pursued this particular objective and the CAC wrote to us on 27th of January, 2020, notifying us of the approval of the Ohanaeze Ndigbo General Assembly. That name was approved by the CAC”.

”We made newspaper publications to this effect. And the law requires the publication of a duration of 28 days. The purpose of this duration is to enable the members of the public to object or there could be a petition. And these publications were made and there was no objection”.

“Based on this, the CAC does not have the right to wake up one morning and say it has deregistered Ohanaeze General Assembly. It ’s not done that way “.

“The certificate is with us. It’s only the court of law that can give a verdict on this. “We are going to court, and amongst the orders we shall be asking the court to make will include damages against the CAC to the tune of N500 Billion. He added.

Nwada Ugochinyere Onyechere reporting, Obinwannem News

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