FeaturesLife & StyleCourt Seizes Andy Uba's Cars Over N50 Million Debt

Court Seizes Andy Uba’s Cars Over N50 Million Debt

spot_img

By Akinwale Kasali

Access Bank Advert

The All Progressives Congress, APC, Governorship Candidate in the 2022 Anambra State Election, Andy Uba, has lost his cars to a Court judgement.  Officials of the Execution Unit of a Federal Capital Territory High Court, working with officers of the Nigeria Police Force, on Tuesday, seized vehicles belonging to Uba in his Abuja residence over a N50 million debt resulting from a loan he took from Oranto Petroleum Limited.

The one-time two-week Governor of Anambra State lost in a case instituted against him by Oranto Petroleum.

UBA

The seizure of Uba’s property was sequel to the judgment of an Anambra State High Court delivered on March 6, 2017, in a case presided over by Justice Mbonu Nwenyi of the Aguata Judicial Division Ekwulobia

Oranto Petroleum is a Pan-African oil exploration and production company owned by Chief Arthur Eze.

The seized vehicles were impounded at Uba:s residence on No. 49 T.Y Danjuma Street, Asokoro, Abuja.

READ ALSO:  FG Lifts Ban On Mining Operations In Zamfara

In his ruling, the Judge held that Uba as the defendant in the case had not denied receiving the friendly interest-free loan from the plaintiff.

The Court further held that, having gone through the statement of defence of the defendant, the defendant had not disclosed any good defence to the suit and in such circumstance the plaintiff was entitled to the judgment.

Justice Mbonu stated, “The Plaintiff has sufficiently shown that he granted interest-free friendly loan to the defendant which has not been denied and since has not been repaid.

In the circumstances I enter judgment for the plaintiff in the sum of N50 million being refund of interest-free loan granted to the defendant by the plaintiff at the request of the defendant.”

READ ALSO:  Fraudsters Move To Defraud Home-bound Imo Residents In Lagos

Ugochi Obajekwe with the brief of Chief Tugbe Ike appeared for the plaintiff, while G.N Onovo with the brief of Chima Oguejiofor appeared for the defendant.

The execution took place in Abuja as a result of a motion ex parte dated May 5, 2022, and filed same date praying the court for some reliefs and subsequent order of the FCT High Court dated June 30, 2022 as follows:

“Leave is hereby granted the plaintiff/judgment creditor/applicant to register the certificate of judgment of the High Court of Anambra State in the Aguata Judicial Division holden at Ekwulobia and delivered by Hon. (Justice) C.N. Mbonu-Nwenyi on the 6th day of March, 2017 in suit no. AG/94/2016:Oranto Petroleum Ltd Vs Senator Nnamdi Emmanuel Andy Uba as the judgment of this Court.

“An order of this Honourable Court deeming the judgment of the High Court of Anambra State in the Judicial Division holden at Ekwulobia and delivered by Hon. (Justice) C.N. Mbonu-Nwenyi on the 6th day of March, 2017 in suit no. AG/94/2016: Oranto Petroleum Ltd VS Senator Nnamdi Emmanuel Andy Uba as the judgment of this Court is hereby granted.

READ ALSO:  Why Wike's Ally Was Sacked As Rivers APC Chairman

“An order of the Honourable Court directing the cost of the registration and execution of the judgment to be recoverable from the Defendant/Judgment Debtor/Respondent to an amount assessed by the Court in the circumstances of this case is hereby granted.

“The order was issued in Abuja, under the seal of the court and the hand of the presiding judge this 30th day of June 2022.”


Discover more from The Source

Subscribe to get the latest posts sent to your email.

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading