A Federal High Court Lagos, yesterday, fixed January 25, 2018, for hearing of a suit filed by Sterling Bank against Senator Stella Oduah, over alleged indebtedness to the sum of $16.4 million USD, and N100.5 million.
The court presided over by Justice Ayotunde Faji, fixed the new date following series of applications filed by the bank and Senator Oduah and other respondents in the suit.
Other respondents are Sea Petroleum and Gas Company Limited: Sea Shipping Agency Limited, Rotary Engineering Services Limited, and Tour Afrique Company Limited.
Sterling bank Plc, had alleged that Oduah and her companies were indebted to it in the sums of 16.4 million dollars and N100.5 million.
When the matter came up for trial, lawyer to the Sterling Bank Plc, Funke Aboyade (SAN), and lawyer to Oduah and other respondents, which includes Mr. Onya O, Mrs. Esom E., and Mrs. Idowu, told the court of their clients’ various applications pending before the court.
After listening to the submissions of all parties, Justice Ayotunde fixed January 25, 2018, for hearing of all pending application.
It will be recalled that the The court presided over by Justice Abdulaziz Anka, had sometime in March this year issued an order restraining Oduah and her companies from making any withdrawal from its account and those of three other companies domiciled with 21 banks in the country.
Justice Anka had also issued an order directing the said commercial banks harbouring the assets of Oduah and other respondents to sequestrate their indebtedness as at November 2016.
However, upon transfer of Justice Anka outside Lagos division of the court the matter was reassigned to Justice Faji.
