Again, CBN Governor, Emefiele in contempt over $53million garnishee

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For the second time in about two months, the Central Bank Governor, Mr. Godwin I. Emefiele has ignored orders of Federal High Court Order to appear before it.
The Federal High Court, Abuja ordered the governor of the Central Bank of Nigeria (CBN), Mr. Emefiele to appear before it over an unpaid $53 million garnishee order in favour of Mr. Joe Agi, SAN and a team of lawyers.
In a documents made available to newsmen in Calabar on Thursday stated that when the matter came up for hearing on January 23, Emefiele was not in court and upon hearing from Mr. J. C. Njikonye, counsel to Agi, that Emefiele the garnishee respondent was “served the judgement summon but is not in court and not represented.
Justice Ekwo made a fresh order saying, “An order is hereby made adjourning this case to enable Mr. Godwin Emefiele (Governor, Central Bank of Nigeria) appear in Court as stated on the summons and answer to the issue thereto on the next date of hearing,” which is February 26.
Justice Ekwo of the Federal High Court, Abuja had earlier on November 20, 2019 under form 15 issued the judgment summons to Emefiele in a case with suit NO FHC/ABJ/CS/1193/2017 instituted against CBN as Garnishee/Respondent, Linas International Limited and the Minister of Finance as Judgment Debtors Garnishees by Mr. Joe Agi Judgement as Creditor/Applicant and on behalf of a team of benefiting lawyers.
This judgement summon said “the plaintiff/judgment creditor obtained Garnishee Order Absolute against the Central Bank of Nigeria in this matter on the 5th day of July 2019, for the sum of $70,000,000.00 (Seventy Million US Dollars) and the same sum remains partially unsatisfied till date to the tune of $53 million”.
The court further agreed that “Either party desires to postpone the hearing, must apply to the Court as soon as possible for that purpose and if the application is based on any matter of fact, he must be prepared to give proof of those decisions
The proof will be required at the hearing, and not on a subsequent day. And parties failing to bring their evidence forward at the proper time may find themselves absolutely precluded from abducting it at all, or at best only allowed to do so on payment of substantial costs to the other side, and on such other terms as the Court thinks far to impose.”
Justice Ekwo said, “Parties desirous to enforce the attendance of witnesses should apply at once to the Court to issue one or more summonses for the attendance of the witnesses required. It is indispensable that the application should be made so as to allow time for reasonable notice to the witnesses required.

2 thoughts on “Again, CBN Governor, Emefiele in contempt over $53million garnishee

  1. 939942 310858Today, I went to the beach front with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone! 629377

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