Breaking News: Court Jails Skye Bank MD, Mr. Kehinde For Flaunting Its Order (Page 2)

Date: 05-07-2011 1:29 am (11 years ago) | Author: Daniel Bosai
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- malvin2525 at 5-07-2011 03:36 PM (11 years ago)
(m)
 Lips Sealed Lips Sealed Lips Sealed Lips Sealed
Posted: at 5-07-2011 03:36 PM (11 years ago) | Gistmaniac
Reply
- yenibaby at 5-07-2011 03:53 PM (11 years ago)
(f)
 Lips Sealed Lips Sealed Lips Sealed
Posted: at 5-07-2011 03:53 PM (11 years ago) | Upcoming
Reply
- haramain at 5-07-2011 04:03 PM (11 years ago)
(m)
Quote from: nametalkam on  5-07-2011 01:29 AM
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.

never you play with his lordship
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 04:03 PM (11 years ago) | Upcoming
Reply
- Pepesy at 5-07-2011 05:02 PM (11 years ago)
(f)
passing
Posted: at 5-07-2011 05:02 PM (11 years ago) | Gistmaniac
Reply
- Larrykingomoj at 5-07-2011 05:14 PM (11 years ago)
(m)
If others have paid let him pay since he can not be an exception among the other four. It is four against one. Let him join and be free from the hands of the law.
Posted: at 5-07-2011 05:14 PM (11 years ago) | Gistmaniac
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- interpo77 at 5-07-2011 05:46 PM (11 years ago)
(m)
hmm, the nigeria customs service ,banks n their wickedness,
their normal way of bringing business moguls in nigeria down
 it is better  u stayed  in  jail untill u change ur malpractices towards business guys
Posted: at 5-07-2011 05:46 PM (11 years ago) | Gistmaniac
Reply
- ezecyyyy at 5-07-2011 06:41 PM (11 years ago)
(m)
Story
Posted: at 5-07-2011 06:41 PM (11 years ago) | Upcoming
Reply
- GOLDENMEDAH at 5-07-2011 06:53 PM (11 years ago)
(m)
Noted..
Posted: at 5-07-2011 06:53 PM (11 years ago) | Gistmaniac
Reply
- segxykay at 5-07-2011 07:11 PM (11 years ago)
(m)
ok make i read am,
Posted: at 5-07-2011 07:11 PM (11 years ago) | Upcoming
Reply
- kebella at 5-07-2011 07:12 PM (11 years ago)
(f)
va bene  Roll Eyes Roll Eyes Roll Eyes

Posted: at 5-07-2011 07:12 PM (11 years ago) | Addicted Hero
Reply
- toibeli at 5-07-2011 08:14 PM (11 years ago)
(m)
This means no one is above the law.
Posted: at 5-07-2011 08:14 PM (11 years ago) | Gistmaniac
Reply
- Innoutt at 5-07-2011 09:12 PM (11 years ago)
(m)
Quote from: Mercies on  5-07-2011 01:28 PM
May the Lord help him out of this trouble and grant him freedom in the name of Jesus (Amen)

which freedom are you praying for and for who??
Posted: at 5-07-2011 09:12 PM (11 years ago) | Upcoming
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- Innoutt at 5-07-2011 09:33 PM (11 years ago)
(m)
          It's a piety. He was trying to protect the NCS and federal govt and he got himself into prison as he loose #5million naira yet the case is not over.  Could imagine what it cost a friend and a patriot to maintain good names and retain customer. Who is sure he is aware that the same court order can protect him as well. Imagine the size of illiteracy that is remaining in his brain.
          More than #5million naira illiteracy yet to be brushed out. The judge really tried to educate him.......voluntary service appreciated.
This type of people can cause havoc in the society except for legal intervention.
Posted: at 5-07-2011 09:33 PM (11 years ago) | Upcoming
Reply
- Alex419 at 6-07-2011 09:24 AM (11 years ago)
(m)
PASSING OHHHHHHHHHHHHHHH...........
Posted: at 6-07-2011 09:24 AM (11 years ago) | Newbie
Reply
- naturalqueen at 6-07-2011 09:56 AM (11 years ago)
(f)
i don hear. This one na court and government matter
Posted: at 6-07-2011 09:56 AM (11 years ago) | Gistmaniac
Reply
- Lekan22 at 6-07-2011 11:22 AM (11 years ago)
(m)
Good?
Posted: at 6-07-2011 11:22 AM (11 years ago) | Gistmaniac
Reply
- chicanorose at 6-07-2011 05:21 PM (11 years ago)
(f)
Okay anugwom

Posted: at 6-07-2011 05:21 PM (11 years ago) | Gistmaniac
Reply
- rayspeed at 6-07-2011 08:38 PM (11 years ago)
(m)
na wa oh! case don finish for court

Posted: at 6-07-2011 08:38 PM (11 years ago) | Gistmaniac
Reply
- ralphjane at 7-07-2011 10:15 AM (11 years ago)
(m)
MO TI GBO O DA BE
Posted: at 7-07-2011 10:15 AM (11 years ago) | Newbie
Reply
- 123Sonia at 7-07-2011 01:31 PM (11 years ago)
(f)
ok
Posted: at 7-07-2011 01:31 PM (11 years ago) | Gistmaniac
Reply
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