• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Thursday, October 2, 2025
Emerald News Nigeria
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News Nigeria
No Result
View All Result

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

by Emerald Nigeria
March 7, 2023
in Special Report
ShareTweetShareShare

Lagos, Nigeria, March 7, 2023:  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.

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.

Also Read:

Tribunal blocks APC’S moves, merges Obi, Atiku’s petitions, others against Tinubu

Contempt: Court vacates order sentencing MD, Company Secretary of Fidelity Bank to six weeks in prison

BIG NEWS: CBN fines 4 banks to pay N800m (See reasons and check if your bank is among)

Fidelity Bank Celebrates Children’s Day Doles out N9.3 Million to SWEETA Customers

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.

Tags: Court RulingFidelity BankNneka Chinwe Onyeali-IkpeUnuigboje Ezinwa
ShareTweetShareSend
Previous Post

FG makes huge disclosure about cyberattacks during the Presidential,National Assembly elections

Next Post

Ned Nwoko will serve Anioma people right – Regina Daniels

Related Posts

Senator Dafinone Praises Olorogun Igho’s Legacy as He Receives Sultan’s Recognition

Senator Dafinone Praises Olorogun Igho’s Legacy as He Receives Sultan’s Recognition

September 16, 2025
Guinness World Records Makes Official Statement After Days of Hilda Baci Feeding 20,000 Lagosians

Guinness World Records Makes Official Statement After Days of Hilda Baci Feeding 20,000 Lagosians

September 15, 2025
Senator Nwoko Clarifies Role in Successful Rescue of Kidnapping Victim in Aniocha North

ANIOMA: History, Identity, Equity and the Quest for Statehood, By Senator Ned Nwoko

September 15, 2025
One Urhobo, One Future: Dafinone Leads Call for Collective Growth

One Urhobo, One Future: Dafinone Leads Call for Collective Growth

September 14, 2025
Chief Ejiofor to Be Conferred Prestigious Fellowship by the Institute of Business Diplomacy and Financial Management

Chief Ejiofor to Be Conferred Prestigious Fellowship by the Institute of Business Diplomacy and Financial Management

September 13, 2025
BREAKING: Governor sacks aide over post on WhatsApp status

BREAKING: President sacks Finance Minister, 4 Others in a Surprise Cabinet Shake Up

September 9, 2025
Next Post
Ned Nwoko will serve Anioma people right – Regina Daniels

Ned Nwoko will serve Anioma people right - Regina Daniels

Trending

  • (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    0 shares
    Share 0 Tweet 0
  • PHOTOS: Senator Ned Nwoko Joins Senate President Akpabio, Lawmakers at NDA 35th Convocation Ceremony in Kaduna

    0 shares
    Share 0 Tweet 0
  • Governor Oborevwori, Senator Dafinone, Others Storm Lekki for Rt. Hon. Waive Son’s Wedding

    0 shares
    Share 0 Tweet 0
  • Asaba Unveils Ultra-Modern Ogbeogonogo Shopping Complex

    0 shares
    Share 0 Tweet 0
  • Anioma State: Senator Nwoko urges continued support from Ohaneze Ndi Igbo at World Igbo Day Celebration

    0 shares
    Share 0 Tweet 0
  • International Friendship League Urges Nigerians to Seek True Freedom Beyond Independence

    0 shares
    Share 0 Tweet 0
  • Ibas In Big Trouble As Human Rights Lawyer Petitions ICPC Over Rivers ₦283.3bn Spent in 6 Months (See Documents)

    0 shares
    Share 0 Tweet 0
  • Chief Ejiofor to Be Conferred Prestigious Fellowship by the Institute of Business Diplomacy and Financial Management

    0 shares
    Share 0 Tweet 0
  • Nigeria@65: Chief Ejiofor Calls for Ethical Leadership, National Rebirth

    0 shares
    Share 0 Tweet 0
  • Tinubu Support Group Honours Senator Dafinone, Vows to Deliver 9 Million Votes for APC in 2027

    0 shares
    Share 0 Tweet 0

Latest Stories

Issele-Mkpitime Set To Celebrate Ine-Aho, As Obi Ogboli Extends Royal Invitation

October 2, 2025

International Friendship League Urges Nigerians to Seek True Freedom Beyond Independence

October 2, 2025

Senator Dafinone’s Diabetes Testing Outreach Draws Massive Turnout in Sapele

October 2, 2025

Nigeria@65: Dr. Michael Nwoko Urges Unity, Patriotism in Independence Day Message

October 1, 2025

Nigeria@65: Mayor Akpodoro Salutes Nigerians, Declares Tinubu Father of Modern Nigeria

October 1, 2025

Nigeria@65: Chief Ejiofor Calls for Ethical Leadership, National Rebirth

October 1, 2025

Nigeria@65: We’ve endured turbulence, survived setbacks yet stands as Africa’s most powerful voice – Ned Nwoko

October 1, 2025

Nigeria at 65: Senator Dafinone Calls for Hope, Unity, and Renewed Commitment

October 1, 2025

Asaba Unveils Ultra-Modern Ogbeogonogo Shopping Complex

October 1, 2025

Mayor of Urhoboland Congratulates New Olubadan of Ibadan

September 30, 2025
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© 2024 Emerald News Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In

Add New Playlist

No Result
View All Result
  • Emerald News Nigeria
  • Inside Delta
    • Niger Delta
  • Politics
  • Economy
  • Crime
  • Education
  • Health
  • Entertainment
  • Relationship
  • Special Report

© 2024 Emerald News Nigeria.