Archive for July 21st, 2019

Niger Insurance company in trouble, dragged to court over failure to redeem policy

Related imageIn a bid to claim a discharge Voucher worth N4,096,525.43 that has remained unpaid a Lagos businessman Sunday Orioge Emmanuel has dragged Niger Insurance company before a Lagos Magistrate court sitting at Ikeja.

     In a particulars of debt filed before the court by a Lagos lawyer, Barrister Adewale Adesokan SAN, the claimant averred that he is a policy holder of two  life policy insurance.
     In the  exercise of his choice to redeem his contribution into his Policy accounts with the insurance company he surrender his policy sometimes in October, 2018.
       Niger Insurance acknowledged the receipt of the surrendered policy via a letter dated 16thOctober,2018 and set out his respective net amount in full and final discharge of his policies.
      Upon the execution and return of the discharge voucher and return same Niger Insurance company has since failed and neglected to pay him as communicated.
         The claimant made several demands for his money from the insurance company culminating in letter address to the Managing Director of the company which said letter was never responded to.
       As a result of the defendant refusal to act or respond to the letters, the claimant wrote the commissioner/CEO of the National Insurance commission.
       After a long while futile expectation the claimant instructed the law firm of Wale Adesokan ,& company to demand on his behalf the defendant indebtedness. In response the company pleaded for more time, but nothing was done.
     The claimant contended that the defendant has no defence to this claim.
 Consequently the claimant claim from
the defendant. sum of N4,096 525.43 being the value of discharge voucher
policy with 21% interest per annum  from 19th October, 2018.
  The Presiding Magistrate O. I. Raji. has adjourned, till 25th  July 2019 for hearing

Forgery charge against co-founder of Institute of strategic management struck out

Image result for Institute of strategic managementFujiipop reports have it that Federal High court sitting in Lagos South West Nigeria, has struck out three count  charge of forgery preferred against the co-founder of Institute of Strategic Management Nigeria Limited Professor Joseph MBA due to lack of diligent prosecution. 

On the 22nd of December 2015 Chief Superintendent of Police, Effiong Asuquo from the Special Fraud Unit of  the Nigeria Police Force Ikoyi filed three count charge before the court accusing Professor Joseph Mba for stating that the name of INSTITUTE OF STRATEGIC MANAGEMENT NIGERIA LTD/GTE has been changed to INSTITUTE OF STRATEGIC MANAGEMENT which document was purportedly signed by him and one Dr Austin Uwandulu, knowing same to be fake, with intent that it may be acted upon as genuine to the prejudice of the company.

   CSP Asuquo alleged further that Professor Mba forged special resolution of an Extra ordinary General meeting of the institute in which meeting he stated that the following persons were appointed Directors of the company i e Apostle Dr. Hayford ikpommosa Alile  Mazi Dr Sam Ohuabunwa Major General Abduimalik Halilu Giwa rtd, and Dr Austin Izagbo which document was purportedly signed by him and one barrister Samuel Ojo knowing same to be false with intent  that it may  be acted upon as genuine.

      He pleaded not guilty. Consequently he was granted bail while the case was adjourned for trial.

      During the trial the Police prosecutor called one witness, and after the first witness abandoned the case.

    On the 28th May, 2019 the presiding Judge, Ayokunle Faji, ordered that hearing notice be served on the prosecution due to their several  absence from court proceedings. The same day, Professor Mba’s lawyer, Barrister Ike UKO wrote to remind the prosecution in this regard.

    On the next adjourned day neither the prosecution nor witnesses were in court. 

 Consequently after hearing Barrister Uko appearing for Professor Mba informing the court that they have complied with the order of the court on service of hearing notice on the prosecution pursuant to which a counsel from the prosecution appeared and undertook to notify counsel on the record but neither the Prosecutor nor the witness was present in court and urged the court to strike out the charge. 

Justice Faji said “The prosecution and witness being absent for five adjournments, it is hereby ordered as follows: That this charge is accordingly hereby struck out!

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