Business

$53m debt: Emefiele asks Appeal Court to set aside judgement summons

The Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, has asked the Appeal Court to set aside an order of a lower court compelling his appearance in a $53 million judgement debt proceedings.

Emefiele’s counsel, Joe Agi, SAN, had obtained judgement summons against the CBN Governor following his alleged refusal to obey the order of court for the payment of the judgment debt.

The judgement summons, now a subject of appeal, is in respect of suit no: FHC/ABJ/CS/1193/2017, between Joe Agi, SAN, against Linas International Ltd.

Others are the Minister of Finance and the CBN.

Justice Inyang Ekwo who issued the judgement summons in October, 2022, ordered Emefiele to appear before the court on Wednesday, January 18, 2023.

However, the matter before the trial court has been adjourned to March 20, 2023.

In his notice of appeal predicated on three grounds and dated January 13, Emefiele contended that the trial judge erred in law.

He added that it occasioned a miscarriage of justice when made an order compelling his attendance in court.

READ ALSO: Governors invite Emefiele over new naira notes

Emefiele informed the appellate court that the appeals marked CA/A/476/2018 between CBN V Joe Agi, SAN, & 2 others and CA/A/23/2020 between CBN V Joe Agi, SAN,& 2 others which are appeals against the judgement sought to be enforced by the judgment summons have been entered before the Appeal court.

Consequently, he argued through his counsel, Damien Dodo, SAN, that the proceedings to compel his appearance after the appeals have been entered, places the trial court in a position where it is exercising concurrent jurisdiction with the Court of Appeal over the same subject matter.

He stated that the judge erred in law which occasioned a miscarriage of justice when it compelled and ordered him to personally appear in court without determining one way or the other, his application challenging the jurisdiction of the court.

On this ground, he drew the attention of the appellate court to his application filed on January 27, 2020, challenging the jurisdiction of the court as well as the service of form 13 and 15 on him for non-compliance with the mandatory provisions of section 56, part IV, of the Sheriff and Civil Process Act.

In addition, he submitted that on February 22, 2022, the appellants jointly filed an application seeking a setting aside of the issuance and service of form 13 and 15 on him.

He added on the basis that same ought not to have been issued during the pendency of the two mentioned appeals and the pending motions on notice for stay of execution dated March 26, 2018, and July 11, 2019, respectively.

The appellant further contended that the lower court erred in law occasioning a miscarriage of justice when it made an order compelling his appearance in court on January 18, 2023, when he is not a party to the suit before it.

He, therefore, prayed the appellate court to allow his appeal and set aside the orders made by the Federal High Court.

The Star

News Agency of Nigeria

Recent Posts

First Lady distributes 100 trucks of rice, N1.2bn palliatives to northern Muslim communities

First Lady Senator Oluremi Tinubu has flagged off the distribution of 100 trucks of rice…

7 hours ago

Falcon Chemicals marks 40 years, eyes African expansion

Nigerian speciality chemicals manufacturer Falcon Chemicals Limited has marked four decades of operation, drawing praise…

8 hours ago

UBA hosts fintech conference, pushes bank-industry collaboration

United Bank for Africa has called for deeper structural collaboration between banks and fintechs across…

8 hours ago

FG approves N548.98bn to demolish, rebuild Carter Bridge

The Federal Government has approved the demolition and full reconstruction of Carter Bridge in Lagos…

8 hours ago

LP throws 2027 presidential ticket open to all regions

The Labour Party (LP) has declared its presidential ticket open to all qualified members ahead…

9 hours ago

Ice Prince goes celibate, quits alcohol, junk food

Nigerian rapper Ice Prince has announced a sweeping lifestyle change, cutting out alcohol, sugar, bread,…

10 hours ago

This website uses cookies.