Friday 15 March 2013

Oil marketer challenges court’s jurisdiction to hear suit

THE jurisdiction of a Lagos high court sitting in Ikeja, has been challenged by an oil marketer, Oluwaseun Ogunbambo.

The marketer, on Thursday,  filed an application before the court, challenging its jurisdiction to hear the alleged N430 million bank fraud charge proferred against him by the Economic and Financial Crimes Commission (EFCC).

In an application filed before justice Olabisi Akinlade, through his counsel, Mr Adebayo Adenipekun,  he is contending that the court has no jurisdiction over the matter.

Adenipekun, in the application dated February 13, stated that the issue submitted to the court as a criminal charge, was just a civil matter.

“The dispute between the defendant (Ogunbambo) and the bank is also pending before the Lagos High Court as a civil matter. The defendant has paid a part of the loan and has entered into agreement to pay the balance.

“The bank has withdrawn its complaint against the defendant,” he informed the court.

Adenipekun said the charge was, therefore, oppressive and an abuse of court process.

The EFCC counsel, Mr Francis Usani, informed the court that the prosecution was served with the application a few days ago and needed time to respond.

The judge granted his request and adjourned the matter to March 27 for hearing of all pending applications.

Ogunbambo was charged to court for allegedly obtaining N430 million loan from the Stanbic IBTC Bank Plc, using forged documents.

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