• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Tuesday, October 20, 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
February 22, 2023
in Economy
ShareTweetShareShare

A Chief Magistrate Court sitting in Ikeja , Lagos state 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 February 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.

Also Read:

Azikel group, Eruani threatens to drag Perekeme Fidelis Perekeme to court over alleged defamatory publication, demands retraction within 48 hours

BREAKING: Court Sentences 3 Suspects Linked to Oyo School Abduction to Life Imprisonment

Senator Nwoko’s Legal Team to Appeal Court Ruling on Okowa’s APC Senatorial Candidacy

PHOTOS: See Photos of 48 Properties Malami Forfeited to FG

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.

Tags: courtFidelity Bank
ShareTweetShareSend
Previous Post

Buhari passes important message to presidential candidates prior to election

Next Post

JUST IN: AAC abandons Omoyele Sowore, announces Obi as presidential candidate, reasons given will shock you

Related Posts

Attempt to redress the violation of procurement law in Bayelsà not targeted at Gov. Diri–Auctioneers

Attempt to redress the violation of procurement law in Bayelsà not targeted at Gov. Diri–Auctioneers

October 6, 2026
Bayelsà Auctioneers Drag State Environmental Sanitation boss to EFCC over alleged violation to procurement Act

Bayelsà Auctioneers Drag State Environmental Sanitation boss to EFCC over alleged violation to procurement Act

October 4, 2026
Ede Dafinone: Setting A New Standard For Legislative Leadership In Delta Central

We’ll Continue to Fight for Retention of Industrial Gas Park in Eku-Sanubi – Ede Dafinone

September 28, 2026
We Must Sacrifice To Build A Country Of Our Dream, Oborevwori Tells Nigerians

We Must Sacrifice To Build A Country Of Our Dream, Oborevwori Tells Nigerians

September 28, 2026
SMEDAN DG Charles Odii Hosts EU Ambassador, Deepens Nigeria-EU Partnership for MSMEs

SMEDAN DG Charles Odii Hosts EU Ambassador, Deepens Nigeria-EU Partnership for MSMEs

September 24, 2026
Charles Odii Hosts Delta LG Chairmen on Rural Industrialisation, MSME Growth

SMEDAN, NIPC Deepen Collaboration to Support Young Nigerian Entrepreneurs

September 24, 2026
Next Post
JUST IN: AAC abandons Omoyele Sowore, announces Obi as presidential candidate, reasons given will shock you

JUST IN: AAC abandons Omoyele Sowore, announces Obi as presidential candidate, reasons given will shock you

Trending

  • News Analysis: Curtailing sickle cell disorder in Delta state

    News Analysis: Curtailing sickle cell disorder in Delta state

    0 shares
    Share 0 Tweet 0
  • Tinubu’s 2027 Re-election: Michael Nwoko, APC Campaign Council Strategise on Grassroots Mobilisation

    0 shares
    Share 0 Tweet 0
  • Uduaghan: Delta Declares Three Days of Mourning, Orders Flags at Half-Mast

    0 shares
    Share 0 Tweet 0
  • BIG BLOW TO BLACKMAIL: INEC Clearance Settles Candidacy, Not The Political Argument

    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
  • Ochei Takes NDC Campaign to Onicha-Uku, Urges Delta North to Break From Eight Years of Missed Opportunities

    0 shares
    Share 0 Tweet 0
  • Oborevwori Mourns Uduaghan, Says He Was A Detribalised Leader

    0 shares
    Share 0 Tweet 0
  • Concerned Deltan Writes Open Letter to INEC, Demands Clarification on Omo-Agege’s Party Membership

    0 shares
    Share 0 Tweet 0
  • DR. MICHAEL NWOKO GETS APC PRESIDENTIAL CAMPAIGN COUNCIL APPOINTMENT

    0 shares
    Share 0 Tweet 0
  • 2027: Ochei Pledges to Tackle Insecurity, Protect Farms in Delta North

    0 shares
    Share 0 Tweet 0

Latest Stories

Mulade Mourns Transition of Uduaghan, Says He Lived a Life Defined by Service to Deltans

October 19, 2026

Uduaghan: Delta Declares Three Days of Mourning, Orders Flags at Half-Mast

October 19, 2026

UDUAGHAN: A Statesman Who Served With Vision And Conviction, By Victor Ochei

October 19, 2026

Dafinone Mourns Former Delta Governor Uduaghan, Hails Legacy of Service

October 19, 2026

Oborevwori Mourns Uduaghan, Says He Was A Detribalised Leader

October 19, 2026

TURN YOUR SKILLS INTO WEALTH — Bayelsa State Coordinator tells Corps Members

October 18, 2026

Duke’s ‘Local Champion’ Remark Against Diri Unacceptable, Says NIDDEMOG, Insists Coastal Road Will Address Niger Delta’s Longstanding Infrastructure Deficit

October 18, 2026

Tinubu, Oborevwori, Dafinone, Waive Gain Grassroots Boost as 250 U3 Youth Leaders Declare Support

October 18, 2026

Senator Dafinone Congratulates Oborevwori on CAN’s Christian Icon Award

October 18, 2026

Ochei Takes NDC Campaign to Onicha-Uku, Urges Delta North to Break From Eight Years of Missed Opportunities

October 18, 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.