Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,581 members, 7,837,193 topics. Date: Wednesday, 22 May 2024 at 06:38 PM

Court Orders Arrest Of Wema Bank MD, Adebise Over Alleged Forgery - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Court Orders Arrest Of Wema Bank MD, Adebise Over Alleged Forgery (165 Views)

Moruf Oseni Takes Over As The MD/CEO Of Wema Bank / Court Orders Arrest Of Innocent Chukwuma, Innoson CEO / Gtbank Wins Nigeria’s Best Bank & MD Named CEO Of The Year (2) (3) (4)

(1) (Reply)

Court Orders Arrest Of Wema Bank MD, Adebise Over Alleged Forgery by alilovenews: 11:52am On Aug 03, 2022
Court orders arrest of Wema Bank MD, Adebise over alleged forgery, issuance of dud cheques


An Abuja court has ordered the arrest of Wema Bank MD, Adebise over alleged forgery, issuance of dud cheques.

A Chief Magistrates’ Court in Wuse, Abuja, has ordered the immediate arrest of the Managing Director of Wema Bank Plc, Mr Ademola Adebisi, over alleged forgery and issuance of dud cheques.

A warrant for the arrest of the bank chief was issued on Tuesday following his continued refusal to honour the court’s invitation to appear before it.

The court ordered the immediate arrest of Adebise by the Nigeria Police Force and other security agencies in the country wherever he is found.

Chief Magistrate Elizabeth Jones issued the warrant of arrest.

The arrest warrant read in part “You are hereby directed to arrest Ademola Adebisi and produce him before me.”

Before the court issued the warrant of arrest, the complainant in the matter, Barrister George Halliday, had informed the court that the issue began after a High Court of the FCT made a garnishee order absolute against Wema Bank Plc, directing them to pay him the sum of N50 million.

The lawyer claimed that Wema Bank complied by issuing five bank drafts of N10m each, totalling the judgment debt sum as directed by the high court and as payable by Bayelsa State Government, the judgment-debtor.

Halliday told the court that few days later, the drafts were returned by First Bank Plc as dishonoured with a letter attached stating that the drafts were twice presented for clearing and were twice rejected.

He added that Wema Bank, while trying to justify the failed drafts, forged the Internally Generated Revenue Statement of Account of Bayelsa State Government to show that the drafts were dishonoured because there was no money in the account.

He said in the affidavit to the suit: “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.”

Halliday said it was against this background that the court summoned the Managing Director of Wema Bank Plc to appear before it and explain the forgery of the above said High Court processes.

A Senior Advocate of Nigeria, Adekola Mustapha had objected to the Adebisi’s appearance but the court overruled same and issued the warrant of arrest having refused to appear on five adjournments.

(1) (Reply)

Call For Applications: $50,000 MEST Africa Challenge For Startups 2022 / Powerful Marketing Strategies / Affiliate Marketing And Amazon Kdp

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.