Paris Club refund: Court insists on Emefiele’s appearance over $53m debt…

Written by on June 7, 2023

A Federal High Court in Abuja has insisted that Central Bank of Nigeria (CBN) Governor Godwin Emefiele must appear before it on July 19 in relation to a $ 53 million judgment debt arising from the Pars Club refund, which he allegedly declined to pay.

Justice Inyang Ekwo issued the order on Tuesday at the resumed hearing in a suit marked: FHC/ABJ/CS/1193/2017 filed by a lawyer, Joe Agi (SAN) against a firm, Linas International Ltd and others.

Justice Ekwo insisted that his court will not entertain Emefiele’s motion for a stay until he appears.

The judge had, on October 20 last year, ordered the CBN governor to appear in court on January 18 over his alleged refusal to obey the order of the court for the payment of the judgment debt to AGI.

No major development happened in the case until Tuesday when plaintiff’s lawyer, Ayodele Arotiowa told the court that Emefiele was yet to comply with the order directing his appearance.

Lawyer to the CBN Governor, Audu Anuga (SAN) noted that the court had not sat since the order was made.

Anuga said his client filed an appeal on October 28 last year, adding that aside from the appeal, he also filed a motion for stay.

Justice Ekwo noted that the appeal Emefiele filed was to frustrate the order directing his appearance.

Justice Ekwo adjourned till July 19 for report.

Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *

Current track