Med-View kicks as First Financial institution allegedly “invades” property over N4bn debt

The administration of Med-View Airline has kicked in opposition to the invasion of its property by some officers of First Financial institution Plc over the alleged N4 billion debt owed to the monetary establishment.

The airline additionally accused the financial institution of abuse of the courtroom course of, saying that the invasion of its properties within the Ikeja and Lekki areas of Lagos on Monday was in contravention of the courtroom ruling.

The airline, via its counsel, Mr. Lawal Pedro (SAN) mentioned on Monday that its shopper’s properties have been invaded by a staff of policemen underneath the guise of executing a courtroom order by the financial institution. The council condemned the invasion, insisting that the financial institution violated courtroom proceedings.

In response to him, he had learn a replica of the ex-parte order made by Hon Justice Lawal Akapo in Swimsuit No. ID/6251/GCMW/22 was delivered on November 22, stressing that this didn’t embody taking possession or sealing the properties of the airline.

• Quite, he mentioned Justice Akapo ordered the preservation of the belongings of the airline, from the sale or different alienation pending compliance with the pre-action protocol process by First Financial institution and is but to file an motion in respect of the alleged debt.
• In response to Lawal, the second and third ex parte orders secured by the financial institution have been granted by Hon Justice Oluyemi in Swimsuit No ID/6241/GCMW/22 and ID/6243/GCMW/22 each delivered on November 22, to take over the residential home of the managing director of the airline located at Olabanji Olajide Avenue off Admiralty means Lekki Section 1, pending compliance with pre-action protocol procedures by the financial institution.

Disappointment about motion: He expressed disappointment at Monday’s invasion and sealing of its shopper’s properties within the Ikeja and Lekki space of the state.

• “Now we have held conferences with the financial institution officers and exchanged correspondence on amicable decision of any excellent debt and for the events to renew regular banking relationship.
• “So, it got here to us as a impolite shock this morning (Monday) when policemen invaded our purchasers’ properties in Ikeja and Lekki, chased everybody away, and sealed the properties as if the ultimate judgment had been awarded in favor of the financial institution on the alleged debt.
• “We imagine that that is an illegality and an establishment like First Financial institution, with the complete complement of the authorized division and which we maintain in excessive esteem, shouldn’t be concerned in the sort of motion. We’re taking acceptable steps to hunt justice and treatment for our purchasers by due means of legislation,” he mentioned.

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