• Home
  • Featured
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Crime
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 

March 26, 2023

Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

March 26, 2023

Tinubu’s Daughter To Nigerians: Support My Dad, He Can’t Do The Job Alone

March 26, 2023
Facebook Twitter Instagram
Trending
  • Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 
  • Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death
  • Tinubu’s Daughter To Nigerians: Support My Dad, He Can’t Do The Job Alone
  • It’s The Devil That Pushes Me To Do It, Confesses Father Who Impregnated Teenage Daughter 
  • Just In: General Diya Is Dead! 
  • Alleged $10,000 ‘Bribe’: CSO Urges EFCC, ICPC To Fight Corruption In 10th N’Assembly 
  • PDP Accuses INEC of Thumb-printing Ballot Papers in Borno A Month After Election
  • UK Trains NDLEA Marine Officers For Effective Service Delivery 
Facebook Twitter Instagram YouTube
The Gazelle NewsThe Gazelle News
  • Home
  • Featured
  • News
    Featured

    Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

    By Soffiyyah OlamideMarch 26, 20230
    Recent

    Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

    March 26, 2023

    Just In: General Diya Is Dead! 

    March 26, 2023

    Alleged $10,000 ‘Bribe’: CSO Urges EFCC, ICPC To Fight Corruption In 10th N’Assembly 

    March 25, 2023
  • Politics
    Featured

    Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 

    By Soffiyyah OlamideMarch 26, 20230
    Recent

    Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 

    March 26, 2023

    Tinubu’s Daughter To Nigerians: Support My Dad, He Can’t Do The Job Alone

    March 26, 2023

    Alleged $10,000 ‘Bribe’: CSO Urges EFCC, ICPC To Fight Corruption In 10th N’Assembly 

    March 25, 2023
  • Business
    Featured

    Wema Bank Organises Financial Literacy Programme for Students To Mark 2023 Global Financial Literacy Day

    By Soffiyyah OlamideMarch 24, 20230
    Recent

    Wema Bank Organises Financial Literacy Programme for Students To Mark 2023 Global Financial Literacy Day

    March 24, 2023

    Cash Scarcity: Egg Farmers Lose N30bn 

    March 18, 2023

    MTN Makes History, Becomes First Telco In Nigeria To Partner With Amazon To Offer Prime Video Mobile Edition To Customers 

    March 13, 2023
  • Entertainment
    Featured

    Man Breaks Up With Girlfriend For Receiving Lap Dance’ From Chris Brown

    By Soffiyyah OlamideMarch 24, 20230
    Recent

    Man Breaks Up With Girlfriend For Receiving Lap Dance’ From Chris Brown

    March 24, 2023

    Oluwo Pens Emotional Love Note To Olori Firdaus To Celebrate First Wedding Anniversary 

    March 24, 2023

    Patrick Doyle Shows Off New Wife, Says I’ve Never Been Happier

    March 24, 2023
  • Education
    Featured

    Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

    By Soffiyyah OlamideMarch 26, 20230
    Recent

    Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

    March 26, 2023

    Wema Bank Organises Financial Literacy Programme for Students To Mark 2023 Global Financial Literacy Day

    March 24, 2023

    26 Students Bag First Class Honours In Ondo Varsity

    March 22, 2023
  • Crime
    Featured

    It’s The Devil That Pushes Me To Do It, Confesses Father Who Impregnated Teenage Daughter 

    By Soffiyyah OlamideMarch 26, 20230
    Recent

    It’s The Devil That Pushes Me To Do It, Confesses Father Who Impregnated Teenage Daughter 

    March 26, 2023

    Lagos Train/Bus Crash: Staff Bus Driver To Face 16-count Faces Life Imprisonment 

    March 25, 2023

    We Will Go After Corrupt Governors, Others After May 29 – EFCC

    March 24, 2023
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World
The Gazelle NewsThe Gazelle News
Home»Crime»Contempt: Court Vacates Order Sentencing Fidelity Bank’s MD, Company Secretary To Six Weeks In Prison
Crime

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

Olamide ObayemiBy Olamide ObayemiMarch 7, 2023Updated:March 7, 2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

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 N400,000 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.

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.

“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

Related

Fidelity Bank High Court Ikeja
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Olamide Obayemi

Related Posts

Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 

March 26, 2023

Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

March 26, 2023

Tinubu’s Daughter To Nigerians: Support My Dad, He Can’t Do The Job Alone

March 26, 2023
Don't Miss
Opinion

Supreme Court Has Resolved Nigeria President & 25% FCT Quandary Since 2003 

By Soffiyyah OlamideMarch 26, 20230

By Olukayode Ajulo, PhD An unwrinkled face is not good for a resounding slap. So…

Lagos Set To Sue Chrisland School, Staff, Vendor For Manslaughter Over Whitney Adeniran’s Death

March 26, 2023

Tinubu’s Daughter To Nigerians: Support My Dad, He Can’t Do The Job Alone

March 26, 2023

It’s The Devil That Pushes Me To Do It, Confesses Father Who Impregnated Teenage Daughter 

March 26, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Most Viewed Posts
  • APO Press Releases
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom
  • Wig-wearing Women to pay Tax
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates 
  • After DNA Tests Proved All Three Children Were Not His, ex-Aston Villa Striker Regains Possession Of 7-bedroom Mansion From ex-Wife
About Us
About Us

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

We're accepting new partnerships right now.

Email Us: tgnews2013@gmail.com
Contact: +234-802-304-5855

Most Viewed Posts
  • APO Press Releases Views: 54323 August 27, 2020
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom Views: 42489 November 5, 2020
  • Wig-wearing Women to pay Tax Views: 37217 September 5, 2020
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates  Views: 29144 May 25, 2021
Search
New Comments
    Facebook Twitter Instagram Pinterest
    • Home
    © 2023 The Gazelle News. Designed by DeedsTech.

    Type above and press Enter to search. Press Esc to cancel.

    Please wait...

    Subscribe to our newsletter

    Want to be notified when our article is published? Enter your email address and name below to be the first to know.
    SIGN UP FOR NEWSLETTER NOW