News
Illegal Restriction On Accounts: Court Awards N3Bn Damages Against Zenith Bank
For placing a restriction order on some customers’ accounts, Zenith Bank has been ordered to pay N2 billion in favour of Tsami Babi Nig. Ltd, Amsamay Ltd and M A.Y Fine Fragrance as damages.
A Lagos High Court sitting at Court 44, Commercial Division, Osborne Foreshore, Phase2 Court House, gave the order.
The presiding Judge, Justice Rasul Oriyomi Olukolu, declared that the restriction placed on the accounts is illegal and unlawful, prior to a subsisting court order.
ALSO READ: Group Accuses Dr. Emmanuel Uduaghan Of Working To Sideline Ijaws In Warri North
The court ordered that the restriction be removed, since the court order dated November 16, 2022 on the said accounts had expired.
Justice Olukolu also awarded an exemplary damage of N1 billion against the bank in favour of another customer who suffered the same fate.
DELSU: Faculty Of Science To Hold 8th International Conference Nov. 12-14
Facts, Not Rhetoric: Setting The Record Straight On Senator Nwoko In Response To Bruno Amamosa’s Article
RE: ₦8.4 Billion Debt For DESOPADEC Contract Payments (PRESS STATEMENT)
Oborevwori Moves To Rebrand Delta Media Outfits In 2026 Budget — Aniagwu
It Will Take Industrial Revolution, Not Just Infrastructural Development To Revitalize Warri To Former State
Delta Poly Rector Underscores Importance Of Conferences
Fresh Crisis Brews At Ogwashi-Uku Polytechnic, As Governing Council “Illegally Appoints” Ogonwa As Acting Deputy Rector
DELSU Gives Deadline For Payment Of Acceptance Fees, Announces Resumption Dates For Fresh, Old Students
DELSU: Caleb Ivworin Elected President Of PGSAN
DTHA Queries DELSU Over Employments Done In 2024
Rejoinder To Mr. Oritsegbubemi A. Edema’s Statement On The Urhobo Renaissance Society’s Appeal For Peace In Warri
BREAKING: ODA Executives Remanded In Keffi Correctional Centre Over Alleged Cyber Bullying, False Publications
BREAKING: Police Force Headquarters Operatives Arrest ODA President General, Izu Osamor
DSS Commended Over Arms Interception In Delta, Urged to Intensify Crackdown On Criminal Networks In Sapele, Environs
-
Education11 hours agoFUPRE Clarifies Senate Resolutions On Recent Students’ Unrest
-
Education6 hours ago
Fresh Crisis Brews At Ogwashi-Uku Polytechnic, As Governing Council “Illegally Appoints” Ogonwa As Acting Deputy Rector
-
News4 hours ago
It Will Take Industrial Revolution, Not Just Infrastructural Development To Revitalize Warri To Former State
-
News5 hours ago
Delta Poly Rector Underscores Importance Of Conferences
-
News2 hours ago
RE: ₦8.4 Billion Debt For DESOPADEC Contract Payments (PRESS STATEMENT)
