ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Contempt: Court Vacates Order Sentencing MD, Company Secretary of Fidelity Bank To Six Weeks In Prison

by NationalInsight
February 21, 2023
in Featured, News
Reading Time: 2min read
0
Managing Director of Fidelity Bank, Nneka Chinwe Onyeali-Ikpe

Managing Director of Fidelity Bank, Nneka Chinwe Onyeali-Ikpe

2
SHARES
1.3k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira respectively for contempt.

The Chief Magistrate, Mr. Lateef Owolabi vacated the order in a Suit No: MIK/4726/22 between Justin Ahmed, (judgement creditor), Prince Enabulele Osazee, (judgement debtor) and Fidelity Bank Plc, (1st Garnishee/Applicant).

The court in an earlier ruling delivered on February 6, 2023, held that the Managing Director of Fidelity Bank, Nneka Chinwe Onyeali-Ikpe and the Company Secretary, Mrs. Unuigboje Ezinwa should be committed to six weeks’ imprisonment over alleged disobedience of a garnishee order of the court restraining the bank from allowing a judgement debtor access to his account.

You might also like

Ogundipe Challenges Credibility of David Mark, Atiku Over Nigeria Crisis Comment

Oba Ladoja Outlines Economic, Security Agenda, Rules Out Extension of Authority Beyond Ibadanland

Opposition Leaders Warn Against Politicisation of Anti-Corruption Agencies

Load More

However, at the resumed proceedings on the matter on Feb 15, 2023, the court vacated the committal order on the premise of facts presented before the court that the alleged acts of contempt were not deliberate but arose out of communication gap between the said parties and the erstwhile counsel. The court in its ruling also stated that the error or sin of the counsel should not be visited on a party or litigants. The court also noted that the monies which was the subject matter and fulcrum of the contempt proceedings has since been paid to the judgment creditor.

ALSO READ  Keep supporting President Buhari, Ajimobi urges Nigerians

“From the materials presented before this court by the applicant, this application falls within the classic rule where the error or sin of the counsel should not be visited on a party or litigants. Moreover, the applicant has averred that the monies subject matter, the fulcrum of the contempt proceedings had since been paid to the judgment creditor. Having fully discharged this payment to the satisfaction of the judgment creditor, this court should not be seen to cry more than the bereaved”, Mr Lateef Owolabi held.

*The solicitor to the bank explained that Fidelity Bank, being a law abiding institution that will never or under any circumstance, directly or indirectly denigrate the integrity of the nation’s judiciary, had upon receipt of the garnishee order nisi on December 22, 2022, conducted a search immediately, and the result showed several accounts bearing similar names to the Judgment Debtor’s (Prince Enabulele Osazee).* To prevent the bank from erroneously restricting the wrong account, the bank filed an affidavit requesting additional account details to enable it ascertain the correct account(s) to restrict.

He further stated that, on January 16, 2023, the bank received the Judgment Creditor’s affidavit showing the account number of the Judgment Debtor. Armed with the correct account number, the bank immediately identified and placed a lien on the Judgment Debtor’s account. Unfortunately, during the intervening period, the judgement debtor had carried on depositing and withdrawing from his account.

In vacating the order on February 15,2023, the Chief Magistrate held that based on the materials before the court, the applicant has been able to tether the law to the facts to warrant the grant of the relief sought on their own strength and not based on lack of opposition.

author avatar
NationalInsight
See Full Bio
ALSO READ  EFCC Arrests 24 Suspected Trainee Internet Fraudsters in Uyo
Tags: Managing Director of Fidelity BankNneka Chinwe Onyeali-IkpePrince Enabulele Osazee
Share41Tweet26Send
Previous Post

Ex-Gov Ajimobi Aide, Azeez Adedutan Joins PDP Declares Support For Tinubu, Makinde

Next Post

Like Wine, Atiku is Getting Better By Hauwa Yusuf

NationalInsight

NationalInsight

Related Posts

Mr Lanre Ogundipe
Featured

Ogundipe Challenges Credibility of David Mark, Atiku Over Nigeria Crisis Comment

by NationalInsight
December 15, 2025
111
His Imperial Majesty Oba Rasidi Adewolu Ladoja Arusa1 The Ollubadan of Ibadanland
Featured

Oba Ladoja Outlines Economic, Security Agenda, Rules Out Extension of Authority Beyond Ibadanland

by NationalInsight
December 15, 2025
147
#image_title
Featured

Opposition Leaders Warn Against Politicisation of Anti-Corruption Agencies

by NationalInsight
December 15, 2025
121
#image_title
Featured

Ogun First Lady Distributes 120 Solar Reading Lamps, Commends Clean Energy Initiative

by NationalInsight
December 15, 2025
216
Stay Away from Council Secretariats, Adeleke Tells New Osun LG Chairmen
Featured

Adeleke Vows to Defeat APC’s Oyebamiji in Osun 2026 Governorship Election

by NationalInsight
December 14, 2025
229
Next Post
How to pull Nigeria from the brink the

Like Wine, Atiku is Getting Better By Hauwa Yusuf

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Mr Lanre Ogundipe

Ogundipe Challenges Credibility of David Mark, Atiku Over Nigeria Crisis Comment

December 15, 2025
111
His Imperial Majesty Oba Rasidi Adewolu Ladoja Arusa1 The Ollubadan of Ibadanland

Oba Ladoja Outlines Economic, Security Agenda, Rules Out Extension of Authority Beyond Ibadanland

December 15, 2025
147
#image_title

Opposition Leaders Warn Against Politicisation of Anti-Corruption Agencies

December 15, 2025
121
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Ogundipe Challenges Credibility of David Mark, Atiku Over Nigeria Crisis Comment
  • Oba Ladoja Outlines Economic, Security Agenda, Rules Out Extension of Authority Beyond Ibadanland
  • Opposition Leaders Warn Against Politicisation of Anti-Corruption Agencies

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com