N4bn debt: Medview accuses First bank of abuse of legal process over sealed property

 

Posted by Sade Williams

 

Med-View Airline has accused First Bank of abuse of court process following the invasion of its properties at Ikeja and Lekki area of Lagos on Monday.

The airline also alleged that the bank obtained additional two exparte orders in different suits on same subject matter of alleged N4 billion debt.

The airline through its counsel, Mr. Lawal Pedro (SAN) said on Monday that its client’s properties were invaded by a team of policemen under the guise of executing a court order by the bank.

The counsel condemned the invasion, insisting that the bank violated court proceedings.

According to him, he had read a copy of the ex-parte order made by Hon Justice Lawal Akapo in Suit No. ID/6251/GCMW/22 delivered on November 22, stressing that this did not include taking possession or sealing of the properties of the airline.

Rather, he said Justive Akapo ordered for a preservation of the assets of the airline, from sale or other alienation pending compliance with the pre-action protocol procedure by First Bank who is yet to file an action in respect of the alleged debt.

According to Lawal, the second and third ex parte orders secured by the bank were granted by Hon Justice Oluyemi in Suit No ID/6241/GCMW/22 and ID/6243/GCMW/22 both delivered on November 22, to take over the residential house of the Managing Director of the Airline situated at Olabanji Olajide Street off Admiralty way Lekki Phase 1, pending compliance with pre action protocol procedures by the bank.

He expressed disappointment at the Monday’s invasion and sealing of its client’s properties at Ikeja and Lekki area of the state.

“That we have held meetings with the bank officials and exchanged correspondence on amicable resolution of any outstanding debt and for the parties to resume normal banking relationship.

“So, it came to us as a rude shock this morning (Monday) when policemen invaded our clients properties in Ikeja and Lekki, chased everyone away and sealed the properties as if final judgement had been awarded in favour of the bank on the alleged debt.

“We believe that this is an illegality and institution like First Bank with full compliment of legal department and which we owe in high esteem should not be involved in this type of action. We are taking appropriate steps to seek justice and remedy for our clients by due process of law,” he said.

 

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