CHINEDU WOSU,
YENAGOA
Justice Y Halilu of the Federal Capital Territory, FCT High Court, Abuja has been commended for throwing out an application brought to the Court by WEMA Bank to stop the auctioning of their cars and generators seized by the Chief Registrar of FCT High Court in line with execution of a judgement against the bank.
Briefing Newsmen in Yenagoa, Bayelsa state capital on Thursday, the Judgment Creditor, Barrister George Halliday lauded the ruling of the court on the matter.
Halliday said the properties of the bank were about to be auctioned and have already been valued by the Federal Ministry of Works, Abuja.
The Judgment Creditor said WEMA bank located at the Central Business District, Church Gate Branch, Abuja was ordered by the FCT High Court to pay the sum of N50 million to Barrister George Halliday as damages for judgment given against the bank.
The Judgment Creditor told Journalists that the judgment was delivered on the 22, May, 2017, but WEMA bank refused to pay the money upon demand.
He said that later the Regional Manager of the bank pleaded with the court officials, Police and him and issued a bank draft of about N10 million each into five places, making N50million on the 8th June, 2017.
According to the Judgment Creditor, when the draft was lodged by the court registrar in their First Bank account in order to transfer to him, the cheque bounced twice.
Halliday insisted that First Bank later wrote back with the bank draft attached, saying that the draft was twice rejected by the clearing House of the Central Bank of Nigeria CBN.
He also accused staff of WEMA bank of locking him up in the bank security door cabin where he nearly suffocated, but was rescued by police men
