Court orders CBN Governor, Emefiele

October 21, 2015 Facebook Twitter LinkedIn Google+ NEWS and Gossip



A Federal High Court sitting in Lagos has requested the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to show up before it on November 19.

The court directed by Justice Mohammed Yunusa made the request yesterday, asking for the CBN supervisor to come and clarify why he ought not be imprisoned for professedly treating the court with disdain.

The request of the court was continuation of an affirmation by Ecobank Nigeria Limited that Emefiele and others had been mocking a court request made on July 1, regardless of being properly served since July 16.

The court had before on October 2, requested the administration of Form 48, Notice of Consequence of Disobedience to Order of Court, on Emefiele and two different executives of the CBN, Mr. A. O. Ogundana and Mr. Dipo Fatokun.

The business bank had asserted that Emefiele, Ogundana and Fatokun were disappointing its turn to recuperate a gigantic obligation supposedly owed it by an oil-advertising firm, First Deepwater Discovery Limited.

At yesterday’s procedures, CBN’s advice, Mr. Ahmed Raji (SAN), be that as it may, said the Form 48 had not been served on Emefiele, Ogundana and Fatokun, in any way requested by the judge.

Raji asked the court not to enliven the scorn procedures yet, on the grounds that there was still conflict on the appropriateness of administration. He asked the court to rather hear his application looking to empty the said request, which Ecobank asserted CBN had declined to comply.

“Administration is imperative, even in common matter, not to talk of a semi criminal matter,” he said.

Responding, bank’s insight, Mr. Kunle Ogunba, said what was imperative was that Emefiele and others thought about the hatred case.

He likewise noticed that regardless of being mindful of the hatred case, Emefiele and others didn’t show up in court. He encouraged the judge to uphold its request to safeguard the respectability of the court.

Hence, Justice Yunusa in his decision said a request of court was ought to be obeyed whether rightly or wrongly made.

He said, as clergymen in the temper of equity, legal advisors had the obligation to encourage their customers to dependably obey court orders.

The judge, accordingly, deferred till November 19.