Customer Support

ADELEKAN
V.
C.B.N.

(2015) JELR 52915 (CA)

Court of Appeal 11 Dec 2015 Nigeria
BriefBot icon

BriefBot Summary

Free

- The appellants sought to enforce a Supreme Court order from Alao v. A.C.B Ltd (1998) 2 NWLR (Pt. 542) 339, requesting transfer of funds (proceeds of 45 bank drafts) held by the Central Bank of Nigeria to themselves, alleging they were the

Case Details

Suit Number:CA/L/664/2013
Judges:SAMUEL CHUKWUDUMEBI OSEJI JCA YARGATABYENCHIT NIMPAR JCA
Counsel:Miss Toyin Bashorun (with him, Miss Ayowunmi Abijo) - -*- for the Appellants -*- A. A. Olatunji Esq. (with him, Nas Ogunsakin Esq. and Mrs. B -*- Olubukola Opebiyi) - for the Respondent

AUGIE JCA (Delivering the Lead Judgment): By an originating summons filed on 16 August 2011, the appellantsprayed the Federal High Court for leave to enforce the order made by the Supreme Court on 27 December 1998 in Alao v. A.C.B Ltd (1998) 2 NWLR (Pt. 542) 339, and an order directing that monies kept in the respondent’s custody by virtue of the order be transferred to the beneficiaries of the funds as ordered. In that case, Alao v. A.C.B , the appellant, a citizen of Benin Republic, assisted his Nigerian customers by providing CFA Francs for their children, who were schooling in England. When they eventually obtained foreign exchange approvals, bank drafts were handed overto them by the respondent at its Nigerian headquarters to be drawn in its London branch. These drafts were passed to him in settlement/reimbursement of the sums advanced by him, and he paid them in through his bank in Benin Republic to the respondent’s London branch, which honoured the said bank drafts. He la…

There's more. Sign in to continue reading.

judy.legal is the comprehensive database of case law and legislation from Ghana, Kenya and Nigeria. Gain seamless access to over 77,000 cases, recent judgments, statutes, and rules of court.