Justice Muslim Sule Hassan of the Federal High Court in Lagos has set aside an ex-parte order freezing the bank accounts of a member of the Board of the Nigerian Communications Commission (NCC), Mr. Clement Omeiza Baiye, and two others companies, Verity Communications Limited and Verity Associates Limited.
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Oluwatosin Omojuyigbe
THE Federal High Court in Lagos has lifted the order barring a member of the Board of the Nigerian Communications Commission, Clement Baiye, and two other companies, Verity Communications Limited and Verity Associates Limited, from accessing their bank accounts.
The Asset Management Corporation of Nigeria had on June 16, 2020, obtained an interim order from Justice Maurine Onyetenu, stopping the defendants in the suit from accessing their accounts over an alleged N128, 975,094.04 debt.
The defendants are Capital Consortium Limited, Falobi Owolabi, Clement Baiye, Idris Bashir, Credence Assets Management Limited, Verity Communications Limited, Alidan Investments limited, and Verity Associates Limited.
By Davidson Iriekpen
Justice Muslim Sule Hassan of the Federal High Court in Lagos has set aside an ex-parte order freezing the bank accounts of a member of the Board of the Nigerian Communications Commission (NCC), Mr. Clement Omeiza Baiye and two others companies, Verity Communications Limited and Verity Associates Limited.
The suit was formerly before Justice Maurine Onyetenu before it was re-assigned to Justice Hassan
Justice Onyetenu had on June 16, 2020, granted an ex-parte interlocutory injunction brought by Asset Management Corporation of Nigeria (AMCON) against Capital Consortium Limited (1st defendant) and seven others over alleged N128,975,094.04 debt
Others defendants are Falobi Owolabi (2nd defendant), Clement Baiye (3rd defendant), Idris Bashir (4th defendant), Credence Assets Management Limited (5th defendant), Verity Communications Limited (6th defendant), Alidan Investments Limited (7th defendant), and Verity Associates Limited (8th defendant).