President Muhammadu Buhari has sacked the Chairman, Investment and Securities Tribunal (IST), Mr. Siaka Isiah Idoko-Akoh.
This was contained in a circular by the Permanent Secretary Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse.
“Accordingly, you are required to hand over the office of the Chairman including all property(ies) of the IST in your custody to Mr. J. I. Udunni, a full time member of the Tribunal, who by this same letter from the State House has been appointed as Acting Chairman of the IST.”
The Amalgamated Union of Public Corporations Civil Service Technical and Recreational Services Employees (AUPCTRE), in reaction, hailed the development.
“It is very unfortunate that the Chairman, Investment and Securities Tribunal (IST) Mr. Isiah Idoko-Akoh, unilaterally handled IST as if it is his own personal private property without recourse to Civil/ Public Service Rules and Constitution of Federal Republic of Nigeria.
“The struggle for emancipation of worker and revival of IST became pertinent, when the union discovered that the Tribunal is on the verge of being collapsed by the former Chairman, due to his high-handedness, maladministration and high level of corruption in which the union petitioned ICPC, EFCC and Presidential Initiative on Continuous Audit (PICA) for investigation and prosecution,” Maradun said.
“The AUPCTRE would always remain committed to Mr. President anti-corruption war and the struggle for the betterment of members who are workers in various institutions of government,” he added.