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Court, police seize Andy Uba’s cars over N50m debt

Wednesday, 24 August 2022, 3:13 pm
in News, Nigeria
0
Court, police seize Andy Uba’s cars over N50m debt
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A high court sitting in Abuja had ordered for the vehicles belonging to Senator Andy Uba to be seized, over a N50 million debt resulting from a loan he took from Oranto Petroleum Limited, a Pan-African oil exploration and production company owned by Nigerian multi-millionaire, Arthur Eze.

Officials of the Execution Unit of the court on Tuesday with the officers of the Nigerian Police stormed Andy Uba’s residence at No. 49 T.Y Danjuma Street, Asokoro, Abuja, and seized vehicles belonging to the senator and one-time 17-day Governor of Anambra State.

On March 6, 2017, Justice Mbonu Nwenyi of the Aguata Judicial Division Ekwulobia held that Uba as the defendant in the case instituted against him by Oranto had not denied receiving the friendly interest-free loan from the plaintiff.

The court further held that, having gone through the statement of defence of the defendant, the defendant had not disclosed any good defence to the suit and in such circumstance the plaintiff was entitled to the judgment.

Justice Mbonu stated, “The Plaintiff has sufficiently shown that she granted interest-free friendly loan to the defendant which has not been denied and since have not been repaid.

“In the circumstances I enter judgment for the plaintiff in the sum of N50 million being refund of interest-free loan granted to the defendant by the plaintiff at the request of the defendant.”

Read also: Nigerian Army Officer was not killed in Azia – PG

On May 5, 2022 an ex-parte motion seeking execution of the judgment delivered in 2017, was filed in the Federal High Court Abuja following the failure of Andy Uba to pay the judgement sum.

A subsequent order of the FCT High Court dated June 30, 2022 read as follows:

“Leave is hereby granted the plaintiff/judgment creditor/applicant to register the certificate of judgment of the High Court of Anambra State in the Aguata Judicial Division holden at Ekwulobia and delivered by Hon. (Justice) C.N. Mbonu-Nwenyi on the 6th day of March, 2017 in suit no. AG/94/2016:Oranto Petroleum Ltd Vs Senator Nnamdi Emmanuel Andy Uba as the judgment of this Court.

“An order of this Honourable Court deeming the judgment of the High Court of Anambra State in the Judicial Division holden at Ekwulobia and delivered by Hon. (Justice) C.N. Mbonu-Nwenyi on the 6th day of March, 2017 in suit no. AG/94/2016: Oranto Petroleum Ltd VS Senator Nnamdi Emmanuel Andy Uba as the judgment of this Court is hereby granted.

“An order of the Honourable Court directing the cost of the registration and execution of the judgment to be recoverable from the Defendant/Judgment Debtor/Respondent to an amount assessed by the Court in the circumstances of this case is hereby granted.

“The order was issued in Abuja, under the seal of the court and the hand of the presiding judge this 30th day of June 2022.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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