ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, November 14, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Crime Watch

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

by NewsOnline Nigeria
February 19, 2023
in Crime Watch
0
Fidelity Bank

Fidelity Bank

Court has vacated the order sentencing MD and Company Secretary of Fidelity Bank to six weeks in prison over contempt.

 

NewsOnline reports that 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 Suit No: MIK/4726/22 between Justin Ahmed, (judgment creditor), Prince Enabulele Osazee, (judgment debtor), and Fidelity Bank Plc, (1st Garnishee/Applicant).

 

ALSO: 2023 Polls: Only Corps Members‘ll Handle BVAS – INEC

 

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 judgment 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 a 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 were the subject matter and fulcrum of the contempt proceedings have 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 to 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 judgment 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.

Previous Post

2023 Polls: Only Corps Members ‘ll Handle BVAS – INEC

Next Post

2023: Ayo Adebanjo Slams Northern Elders, See Why

Next Post
Ayo Adebanjo

2023: Ayo Adebanjo Slams Northern Elders, See Why

Trending Stories

No Content Available

Latest Stories

Paystack

Paystack in Crisis as Co-Founder Ezra Olubi Deactivates Account Amid Abuse Allegations

2026 World Cup Qualifier Playoff: Nigeria Defeat Gabon 4–1 to Reach Final Round

15% Import Duty on Petrol and Diesel

FG Bows To Pressure, Suspends 15% Import Duty on Petrol and Diesel

WAEC 2026 exams

House of Representatives Suspends CBT Rollout For WAEC 2026 Exams

Wike

Wike Denies Rift With Military Over Abuja Land Dispute, Says Actions Guided by Law

Anamekwe Nwabuoku

Court Orders Anamekwe Nwabuoku to Enter Defence in N868.46 Million Fraud Case

FCCPC

FCCPC Sets Deadline for Digital Lenders to Fully Comply With New Consumer Lending Regulations

Remote Workers

BREAKING: FG Partners Over 100 Countries to Track Remote Workers and Enforce Tax Compliance

Veteran Yoruba Actor Baba Gebu Is Dead

BREAKING: Veteran Yoruba Actor Baba Gebu Is Dead

T+2 Settlement Cycle

BREAKING: SEC Announces Date To Commence T+2 Settlement Cycle

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: [email protected]

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria