Abuja - The Nigerian Deposit Insurance Corporation has asked a Federal High Court in Lagos to place on the “undefended list” a suit it filed to recover an alleged debt of N34m from the Senior Special Adviser to President Goodluck Jonathan, Dr. Doyin Okupe, and two others, Thisday reports.
A plaintiff usually applies to put a matter on undefended list when he believes the respondents have no valid defence.
Okupe’s co-respondents in the suit filed by the NDIC before Justice Saliu Saidu are Value Trust Investment Limited and its Director, Ray Ahazie.
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The corporation had instituted the action in 2007 to recover the alleged debt being the outstanding of a loan facility obtained by the respondents from Gulf Bank Plc in October 2000.
The corporation, in a statement of claims by its lawyer, Dr. Abiodun Layonu (SAN), said the respondents obtained the loan from the bank to facilitate a contract to supply the Bayelsa State Government with 10 000 metric tons of imported rice.
Read more at Thisday
- News 24