BREAKING!!! Court Orders Immediate Arrest Of Wema Bank MD

Follow 9News Nigeria On Social Media

Social sharing

A warrant of arrest has been issued against Mr Ademola Adebisi, Managing Director of Wema Bank Plc, for alleged forgery.

According to report, the Chief Magistrate Elizabeth Jones of the Chief Magistrates’ Court in Wuse, Abuja, issued the warrant following Mr Adebisi’s failure to appear before the court on five adjournments.

The Bank chief was invited to appear before the court to respond to an ongoing forgery case brought against the bank by one Mr George Halliday.

The complainant had accused the bank of failing to honour a garnishee order absolute issued by the High Court of the FCT directing them to pay him the sum of N50 million.

Mr Halliday said that Wema Bank followed the high court’s instructions by issuing five bank drafts for N10 million each, totaling the judgment debt amount, which is supposed to be payable by the Bayelsa State Government, the judgment debtor.

The complaint however said that First Bank dishonoured the draft issued by Wema Bank stating that the drafts had been twice presented for clearing and twice rejected.

Mr Halliday further accused the bank of falsifying the Bayelsa State Government’s Internally Generated Revenue Statement of Account claiming that there were no funds in the state’s treasury.

READ ALSO  President Tinubu Arrives Venue For Burial Of 17 Soldiers Killed In Delta

He alleged that the bank falsified the statement of account to justify the failed draft.

“That they further forged an affidavit which filing fees were paid in 2017 but commissioned in 2007. That the bank also forged a motion on notice that bears the same motion number with that of the judgment creditor,” Mr Halliday said in the affidavit to the suit.

However, the court ordered the police and other security agencies to immediately arrest the bank’s MD.

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
READ ALSO  BREAKING!!! Security Forces Kill Bandit Leader Who Shot Down Military Helicopter (Photo)

www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About Wisdom Nwedene 11515 Articles
Wisdom Nwedene studied English Language at Ebonyi State University. He is a writer, an editor and has equally interviewed many top Nigerian Politicians and celebrities. For publication of your articles, press statements, contact him via email: nwedenewisdom@gmail.com

1 Comment

Leave your comment