SAMUEL NIYI ABEREOLA & EMMANUEL FEMI OGUNMODEDE V. MR. ALIU TOYE, MR. T. O. AYODELE & FEDERAL POLYTECHNIC STAFF CO-OPERATIVE MULTIPURPOSE SOCIETY LTD

TOM SHAIBU YAKUBU, J.C.A. (Delivering the Leading Judgment): The first appellant was a staff and Manager of the third respondent whilst the 2nd appellant was a member and treasurer of the third respondent. A former President of the 3rd respondent had passed on in what appeared to be in some uncertain circumstances. The 3rd respondent set up a committee to look into it. The 3rd respondent also mandated the same committee to pry into her financial position. The said committee was named as Audit Committee. Some persons were summoned who appeared before the aforementioned committee which heard them and at the end, it issued its report which found the 1st and 2nd appellants wanting in the discharge of their duties as Manager and treasurer, respectively. The said committee recommended that the 1st and 2nd appellants be relieved of their positions. The congress of the 3rd respondent accepted the recommendation of the audit committee and at her meeting on 22nd June, 2000 approved that 1st app…