A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc. to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria Enterprises & Festus Martins Nigeria Enterprises) over unpaid debts amounting to N786,957,024.03.
The court made the order, while delivering ruling in a suit marked: Suit No. FHC/L/CS/58/23 initiated by the bank and Receiver against Godwin Ogiemwonyi.
The plaintiff, UBA, had approached the court through its lawyer, Temilolu Adamolekun, over the failure of the defendant to pay its debts despite numerous pleas, hence the resort to recover the said amount through the courts.
The properties, which have been taken over by the bank, are a residential building and warehouse, all located in Benin, Edo State.
UBA advises all indebted customers to pay their debts, as the bank will explore every available legal means to protect her depositors funds.
Commenting on the judgement, the bank’s lawyer, Temilolu Ademolokun reiterated the commitment of the bank to collect every single kobo owed by debtors to UBA.
“If you owe UBA, you must pay,” he said.
The Federal Government has given motorists and other road users on the Lagos section of…
Africa’s richest man and President of Dangote Group, Aliko Dangote, has disclosed that the group…
Netherlands-based Energy Ventures BV has commenced preparations for a project to convert flared gas into…
A compliance officer with United Bank for Africa, UBA, has told the Federal High Court…
President Bola Tinubu has extended his working vacation by a few days and is expected…
Minister of the Federal Capital Territory, Nyesom Wike, has dismissed claims that Peter Obi and…
This website uses cookies.