A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc. to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria Enterprises & Festus Martins Nigeria Enterprises) over unpaid debts amounting to N786,957,024.03.
The court made the order, while delivering ruling in a suit marked: Suit No. FHC/L/CS/58/23 initiated by the bank and Receiver against Godwin Ogiemwonyi.
The plaintiff, UBA, had approached the court through its lawyer, Temilolu Adamolekun, over the failure of the defendant to pay its debts despite numerous pleas, hence the resort to recover the said amount through the courts.
The properties, which have been taken over by the bank, are a residential building and warehouse, all located in Benin, Edo State.
UBA advises all indebted customers to pay their debts, as the bank will explore every available legal means to protect her depositors funds.
Commenting on the judgement, the bank’s lawyer, Temilolu Ademolokun reiterated the commitment of the bank to collect every single kobo owed by debtors to UBA.
“If you owe UBA, you must pay,” he said.
FirstBank has announced its sponsorship of the Carnival Calabar & Festival 2025, unveiling a landmark…
A Ghanaian prophet who previously warned that the world would soon be destroyed by a…
Apple Music’s Replay 2025 rankings have offered a close look at what Nigerians listened to…
Popular content creator, Egungun of Lagos, has warmed hearts this Christmas by surprising his three…
Nigeria shipped about 33.23 million barrels of crude oil to the United States between January…
The Federal Government says power generation has increased nationwide following the repairs and restoration of…
This website uses cookies.