A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira respectively for contempt. The Chief Magistrate, Mr. Lateef Owolabi vacated the order in a Suit No: MIK/4726/22 between Justin Ahmed, (judgement creditor), Prince Enabulele Osazee, (judgement debtor) and Fidelity Bank Plc, (1st Garnishee/Applicant). The court in an earlier ruling delivered on February 6, 2023, held that the Managing Director of…
Read MoreCOURT QUASHES ORDER SENTENCING FIDELITY BANK MD, COMPANY SECRETARY TO PRISON OVER CONTEMPT
