Sambo Dasuki, former national security adviser (NSA), says investors confidence in the country is shaken because of the federal government’s refusal to obey court orders. Dasuki, who was speaking through his counsel, Joseph Daodu (SAN), before Adeniyi Ademola, justice of the federal high court, Abuja, on Thursday, urged the court to halt his trial until the government complied with its order granting him bail. “How will the government look like at the end of the day? Will investors be confident in this country when court make orders, but they are not obeyed?” he said. In November, 2015, Justice Ademola had granted Dasuki bail, but he was rearrested immediately after his release from Kuje prison by the Department of State Services (DSS). On February 16, Dipo Okpeseyi (SAN), counsel to the DSS, had announced to the court that the prosecution was ready for trial to commence. But Daodu said that the defence counsel was not ready to proceed with the trial because the federal government was still keeping the accused person in detention despite an order of the court granting him bail. “We cannot be ready for trial until the defendant enjoys his constitutional rights,” he had said. “We apply that we should be given time to prepare the defence. The conduct of the prosecution has not enabled him to enjoy his constitutional rights. “The worst is that for about seven weeks we do not know where he is. “Any of us here who proceed to defend an accused person in this circumstance may lose his license of practice.” However, Okpeseyi argued that the prosecution was not stopping Dasuki from enjoying his freedom. He said that the accused person was not being allegedly held for the charges before the court. He therefore asked the court to reject the request for adjournment and to commence trial. On Thursday, both parties argued for and against Dasuki’s application for discharge with the prosecution restating its point that the accused person was being held for a different offence. The court, thereafter, fixed April 4, for ruling on the application. Dasuki is facing a four-count charge of money laundering and illegal possession of firearms brought against him by the DSS. He is also facing multiple counts of laundering money at the federal capital territory (FCT) high court, Abuja. Follow us on twitter @thecableng

: https://www.thecable.ng/dasuki-detention-scaring-away-investors

Really?

I think reverse is the case.

he go rotten for jail. no b only investors, na infestors! y una no bring the investors during una time, BH patron ?

pharmagba:
I think reverse is the case.

Foreign Investors have withdrew their investments from Nigeria.

Our stock market value is on a continuous slide. Dangote is now 53rd as against 26th richest man.

All thanks to President Buhari's change agenda.

Does he mean investor in boko haram??

Yes it will scare investors in the bribery and corruption sector.

It's worth looking at the judicio-economic nexus from another perspective.

criminal having economic say... this is funny

Yeah! Your kind actually.

FG get work o! My 9ja don suffer. Do these guys ever reflect on the ripple effects of their thoughts and actions.

If the norms that brought us here continues by 2019 PMB you've lost my vote and even at that I still won't touch anything to do with kleptos.

For the sake that Dasuki is currupt, let him remain in prison. Investors will come wether you are alive or not.

LadyExcellency:


Our stock market value is on a continuous slide.

This should help, it's a 158kb file.





Knowing you might not read it up, I copied the conclusive part out.
5. CONCLUSION AND RECOMMENDATION The paper established that stock market performance can be influenced by oil prices. The stock market houses both individual and institutional wealth/investment. Thus, the stock market authorities should be careful about its regulations concerning quoted oil stocks and their activities in the exchange. Since oil prices are volatile, the craze for banks to invest in oil businesses across the globe using capital mobilized from the Nigerian capital market, should also be cautioned, as this could have adverse effect for the stock market and the economy at large.

Raddie:


This should help.





Knowing you might not read it up, I copied the conclusive part out

5. CONCLUSION AND RECOMMENDATION The paper established that stock market performance can be influenced by oil prices. The stock market houses both individual and institutional wealth/investment. Thus, the stock market authorities should be careful about its regulations concerning quoted oil stocks and their activities in the exchange. Since oil prices are volatile, the craze for banks to invest in oil businesses across the globe using capital mobilized from the Nigerian capital market, should also be cautioned, as this could have adverse effect for the stock market and the economy at large.

What you quoted as conclusion should have been a universal (worldwide) effect and not specific to Nigeria and moreover, Dangote's business is not mainly on Oil and Gas hence the deviation.

Ifa hear!!!

I think this man is really high... When did you become foreigners or investors...

Yeye dey smell

just imagin!

Really?

Yeah right. Please

Really? You mean fraud investors.

yes i said it

his detention might be the reason why our Naira is going down

LadyExcellency:


Foreign Investors have withdrew their investments from Nigeria.

Our stock market value is on a continuous slide. Dangote is now 53rd as against 26th richest man.

All thanks to President Buhari's change agenda.

You go wail tire

Your detention scaring whoLwkmdddddddddddddddddddddddddddddd.Maybe you mean corrupt investors like the 25 percenters.Sambo Dasooki you are a don with a key aka don-Key.

Okay we've heard

ko

FOOL

If na true what you said let the investors stay in their country. Na there you go die. Barawo bansa.

What has Dasuki been smoking? Which serious foreign investor has welfare of Dasuki on their CSR's list?


Dasuki,

Thief dey talk,make I sitdon hear

PMBisaterrorist:
Really?

Yes the foreign investors want to negotiate the purchase of more decommisioned alpha jets.

This is the biggest joke of d week

Oponu!