Breaking News: Court Jails Skye Bank MD, Mr. Kehinde For Flaunting Its Order

Date: 05-07-2011 1:29 am (11 years ago) | Author: Daniel Bosai
[1] 2 3
- at 5-07-2011 01:29 AM (11 years ago)
(m)
A Federal High Court in Lagos has sentenced the Group Managing Director of Skye Bank, Mr. Kehinde Durosinmi-Etti, to prison for disobeying its order.

Durosinmi-Etti is also to pay N5m and remain in jail “until he purges himself of contempt.”

Justice Charles Archibong delivered the judgment in a suit instituted by Desange Nigeria Limited, the judgment creditor.

Desange had secured a judgment against the Nigeria Customs Service in 2010, but the organisation refused to pay the judgment sum.

This forced Desange to file a motion to garnishee the accounts of the NCS in five banks.

The banks were Zenith Bank, Sterling Bank, Guaranty Trust Bank, United Bank for Africa and Skye Bank.

Four of the banks were said to have fully complied with the order by paying the judgment sum, but Skye Bank allegedly refused to pay.

Instead, the bank filed an objection to the garnishee proceedings, but it (objection) was dismissed by the court on the grounds that it lacked merit.

Thereafter, the bank issued a cheque in the sum of N10,820,680.25 as payment for the judgment sum, but the cheque was not honoured when it was presented for payment.

According to the court processes, Desange then filed form 48 and 49 to commit Durosinmi-Etti to prison for disobeying the order.

Apart from Durosinmi-Etti, others listed as contemnors were the Skye Bank Chairman, Chief Morenikeji Onasanya; the Company Secretary, Abimbola Izu, and five executive directors of the bank – Gbenga Ademulegan, Dotun Adeniyi, Amaka Onwugbalu, Timothy Oguntayo and Mrs. Ibiye.

But Skye Bank, through its Corporate Affairs Head, Mr. Kayode Akinyemi, flayed the action of the judge .

“It is important to note that the judge does not have any jurisdiction to entertain this matter anymore, as the appeal has been entered at the Court of Appeal,” the bank added.

It argued that an appeal number had been issued and the case file transferred to the Court of Appeal.

With these, the bank stated, “It is, therefore, curious under what basis the judge is exercising jurisdiction.”

It said, “Justice Archibong made a Garnishee Order Nisi against the account of Nigeria Customs with us. We filed an affidavit stating that the Nigeria Customs has an account with us, but it is a collection account, and as such the balances in it belong to the Federal Government, and cannot be attached. We also deposed to the fact that the account is a no debit account.

“In spite of this, the judge made the order absolute, ordering us to pay the sum of N6m from the Federal Government’s money, knowing full well that the government is not the judgment debtor, and the money does not belong to the judgment debtor, the customs service.”

The court adjourned the matter till July 11.

Source: Punch


Posted: at 5-07-2011 01:29 AM (11 years ago) | Addicted Hero
- Sodman4luv at 5-07-2011 02:04 AM (11 years ago)
(m)
Ok
Posted: at 5-07-2011 02:04 AM (11 years ago) | Upcoming
Reply
- Sodman4luv at 5-07-2011 02:04 AM (11 years ago)
(m)
Ok
Posted: at 5-07-2011 02:04 AM (11 years ago) | Upcoming
Reply
- Sodman4luv at 5-07-2011 02:06 AM (11 years ago)
(m)
Ok
Posted: at 5-07-2011 02:06 AM (11 years ago) | Upcoming
Reply
- ronky at 5-07-2011 02:09 AM (11 years ago)
(f)
mo ti gbo
Posted: at 5-07-2011 02:09 AM (11 years ago) | Upcoming
Reply
- okwas at 5-07-2011 04:25 AM (11 years ago)
(m)
NAWAOOOO
Posted: at 5-07-2011 04:25 AM (11 years ago) | Upcoming
Reply
- feyee at 5-07-2011 05:02 AM (11 years ago)
(f)
 Huh? Huh? Huh? Huh? Huh? Huh? Huh?
Posted: at 5-07-2011 05:02 AM (11 years ago) | Upcoming
Reply
- Simon-Zeletus at 5-07-2011 05:08 AM (11 years ago)
(m)
5million and still remain in jail, this is tipcal lair judge doesn't want money
Posted: at 5-07-2011 05:08 AM (11 years ago) | Gistmaniac
Reply
- toniaugwu at 5-07-2011 09:16 AM (11 years ago)
(f)
I hear, Respect is a reciprocal
Posted: at 5-07-2011 09:16 AM (11 years ago) | Upcoming
Reply
- baby14life at 5-07-2011 10:29 AM (11 years ago)
(f)

oooo
i nugom
Posted: at 5-07-2011 10:29 AM (11 years ago) | Upcoming
Reply
- bafyguy at 5-07-2011 10:50 AM (11 years ago)
(m)
ok
Posted: at 5-07-2011 10:50 AM (11 years ago) | Gistmaniac
Reply
- segxykay at 5-07-2011 10:56 AM (11 years ago)
(m)
 Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed
Posted: at 5-07-2011 10:56 AM (11 years ago) | Upcoming
Reply
- eskor9 at 5-07-2011 11:22 AM (11 years ago)
(m)
still reading
Posted: at 5-07-2011 11:22 AM (11 years ago) | Upcoming
Reply
- DHash at 5-07-2011 11:35 AM (11 years ago)
(m)
 :'( Kiss Lips Sealed Embarrassed
Posted: at 5-07-2011 11:35 AM (11 years ago) | Gistmaniac
Reply
- slimben at 5-07-2011 12:11 PM (11 years ago)
(m)
 Lips Sealed Lips Sealed
Posted: at 5-07-2011 12:11 PM (11 years ago) | Gistmaniac
Reply
- afam4eva at 5-07-2011 01:09 PM (11 years ago)
(m)
We don hear court.

Posted: at 5-07-2011 01:09 PM (11 years ago) | Newbie
Reply
- Mercies at 5-07-2011 01:28 PM (11 years ago)
(f)
May the Lord help him out of this trouble and grant him freedom in the name of Jesus (Amen)
Posted: at 5-07-2011 01:28 PM (11 years ago) | Upcoming
Reply
- igbonnanna at 5-07-2011 02:36 PM (11 years ago)
(m)
NO HUMAN BEING OR CORPORATION HAS RIGHT TO REFUSE OR IGNORE JUDGE'S ORDER ANYWHERE!

THAT IS THE RULE OF LAW. Contempt of Court is a serious criminal offence. Have some nice day in prison. U can only freed by another Judge! That is the game and he cannot sue or imprison the Judge either.
Posted: at 5-07-2011 02:36 PM (11 years ago) | Gistmaniac
Reply
- igbonnanna at 5-07-2011 02:38 PM (11 years ago)
(m)
Quote from: igbonnanna on  5-07-2011 02:36 PM

NIGERIANS HAS TO KNOW THIS!!!

NO HUMAN BEING OR CORPORATION HAS RIGHT TO REFUSE OR IGNORE JUDGE'S ORDER ANYWHERE!

THAT IS THE RULE OF LAW. Contempt of Court is a serious criminal offence. Have some nice day in prison. U can only freed by another Judge! That is the game and he cannot sue or imprison the Judge either.
[/b][/color]
Posted: at 5-07-2011 02:38 PM (11 years ago) | Gistmaniac
Reply
- Lilliansteve at 5-07-2011 03:05 PM (11 years ago)
(f)
WAHALAAAAAAAAAA DEY FOR NAIJAAAAAAAA.
Posted: at 5-07-2011 03:05 PM (11 years ago) | Upcoming
Reply
[1] 2 3