Justice Mohammed Umar of the Federal High Court, Abuja, has struck out a suit filed by businessman, Abubakar Ismaila Isa Funtua, alleging that his 43 million shares were transferred without his consent to Emerging Markets Telecommunication Services Limited (EMTS), operators of 9mobile.
Delivering judgment on the matter marked, FHC/ABJ/CS/1971/2024, Justice Umar held that Funtua, the lone plaintiff, lacked the locus standi (legal capacity) to file the action against the nine defendants.
The defendants in the ca
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