• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Wednesday, April 1, 2026
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

Asaba Agog as Global Crusade with Kumuyi Begins Today

Asaba Agog as Global Crusade with Kumuyi Begins Today

March 25, 2026
Experience Matters: Why Senator Ede Dafinone Needs a Second Term.

Why Ede Dafinone Remains the Best Choice for Delta Central ‎

March 21, 2026
CDHR Felicitates Muslims on Eid-el-Fitr, Urges Commitment to Peace, Human Rights

CDHR Felicitates Muslims on Eid-el-Fitr, Urges Commitment to Peace, Human Rights

March 21, 2026
Dafinone Honoured by Gamji Emirate, Joins Advisory Board of Arewa Royal Council ‎

Dafinone Honoured by Gamji Emirate, Joins Advisory Board of Arewa Royal Council ‎

March 17, 2026
Chief Emma Ejiofor Emerges as Symbol of Scholarship and Traditional Leadership

Chief Emma Ejiofor Emerges as Symbol of Scholarship and Traditional Leadership

March 17, 2026
Praise on the Streets: Deeper Life Youths Ignite Asaba Ahead of Global Crusade with Kumuyi ‎

Praise on the Streets: Deeper Life Youths Ignite Asaba Ahead of Global Crusade with Kumuyi ‎

March 15, 2026
Next Post
Ned Nwoko will serve Anioma people right – Regina Daniels

Ned Nwoko will serve Anioma people right - Regina Daniels

Trending

  • Senator Akpabio Breaks Silence on Anioma State Creation, Splits Delta into Two, Says Asaba, Warri Two State Capitals

    Senator Akpabio Breaks Silence on Anioma State Creation, Splits Delta into Two, Says Asaba, Warri Two State Capitals

    0 shares
    Share 0 Tweet 0
  • APC Convention: Dafinone Moves to Strengthen Delta Central Unity with Abuja Dinner

    0 shares
    Share 0 Tweet 0
  • Delta North Traditional Rulers, Stakeholders Visit Ned Nwoko, Reaffirm Demand For Anioma State ‎

    0 shares
    Share 0 Tweet 0
  • Artisans in Delta Laud Oborevwori Over Member’s Appointment, Seek Greater Collaboration

    0 shares
    Share 0 Tweet 0
  • Back Tinubu, Oborevwori to Deepen Development As Senator Dafinone Extends Free Healthcare to Abraka

    0 shares
    Share 0 Tweet 0
  • Anioma State: Now That Akpabio Has Silenced Critics

    0 shares
    Share 0 Tweet 0
  • BREAKING: These President Tinubu’s Appointees Will Resign Before March 31, 2026 (Check them out)

    0 shares
    Share 0 Tweet 0
  • (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
  • BREAKING: FG Declares Two Days Public Holidays for Nigerians

    0 shares
    Share 0 Tweet 0
  • Ochei Commends APC’s Resolute Show of Unity at 2026 National Convention

    0 shares
    Share 0 Tweet 0

Latest Stories

Delta North Traditional Rulers, Stakeholders Visit Ned Nwoko, Reaffirm Demand For Anioma State ‎

April 1, 2026

Youth Structure for Asiwaju Hails APC Convention, Backs New Leadership to Drive Party’s Next Phase

March 31, 2026

Artisans in Delta Laud Oborevwori Over Member’s Appointment, Seek Greater Collaboration

March 30, 2026

Onyeme at 61: Dafinone Praises Deputy Governor’s Team Spirit, Governance Impact

March 30, 2026

Anioma State: Now That Akpabio Has Silenced Critics

March 29, 2026

Senator Dafinone Praises Tinubu’s Leadership, Reforms on President’s 74th Birthday

March 29, 2026

What Tantita’s Oil Pipeline Surveillance Services Mean To Nigeria- Security Expert, Demeide

March 29, 2026

Ochei Commends APC’s Resolute Show of Unity at 2026 National Convention

March 29, 2026

Niger Delta Elders, Youths & Women Hails BoyLoaf On Birthday

March 29, 2026

Back Tinubu, Oborevwori to Deepen Development As Senator Dafinone Extends Free Healthcare to Abraka

March 29, 2026
  • 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.