The management of the Sun newspaper, over the weekend, kicked against the move made by the Economic and Financial Crimes Commission (EFCC) to take over the corporate head office of the newspaper in Apapa, Lagos.
The commission acted on the final judgement of Justice Muhammed Idris of Federal High Court, Ikoyi, Lagos, who sentenced Senator Orji Uzor Kalu to 12 years in prison over diversion of N7 billion from the treasury of Abia State.
The management of the tabloid, in a statement, said the company is a limited liability company, meaning that the newspaper has several shareholders who have stakes in the company apart from Kalu.
“It is instructive to state that The Sun Publishing Limited was not a party to the case of EFCC vs. Orji Uzor Kalu & 2 Others, so we do not see why the Judgment in that case should lead to attempt to seal The Sun Publishing Limited premises.
“Furthermore, we are aware that both Senator Orji Uzor Kalu and Slok Nig Limited have since appealed the judgment delivered by Justice Mohammed Idris and a hearing date given.
“We wish to reiterate that The Sun Publishing Limited is an ongoing corporate limited liability company and its shares are owned by various individuals distinct from Senator Orji Uzor Kalu.
“Therefore, the recent judgment against Senator Orji Uzor Kalu should not be used to disturb the operations of the company and the proprietary rights of its innocent shareholders until the matters are dispensed with at the Supreme Court,” the management said.