Stella Dimoko Korkus.com: N500m Suit: Abike Dabiri-Erewa, Diamond Bank, Agree to Settle Out of Court‏

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Friday, February 05, 2016

N500m Suit: Abike Dabiri-Erewa, Diamond Bank, Agree to Settle Out of Court‏

A former House of Representatives’ member, Abike Dabiri-Erewa, along with Diamond Bank, on Thursday, February 4, agreed to pursue an out of court settlement in her lawsuit against the bank.


Dabiri-Erewa had on August 6, 2015, dragged the bank to court in a N500m suit for publishing her name among the list of chronic debtors who had refused to liquidate their debts.


The report, allegedly maliciously published by Punch, claimed that Dabiri-Erewa owed the bank about N122m.

Diamond Bank had published her picture as a Director of Thriller Endeavors.

The former lawmaker has remained adamant, saying she has never heard of the company.She insisted that the publication is false and it has subjected her to public ridicule and embarrassment.

In a suit filed before a Lagos High Court, sitting in Igbosere, Lagos Island, she also listed the Punch Newspapers Limited as the second defendant.
When the matter came up for hearing on Thursday before Justice Abdulfattah‎ Lawal, the counsel to Diamond Bank, Chuka Agbu SAN, told the court of the moves to settle the matter out of court.

He then urged the court to adjourn the matter to enable the parties conclude discussions on the process.

Outside the court, Counsel representing Punch Newspapers, Clement Onwuenwunor, said the paper is not part of the settlement talks as it has indemnity from the bank for its publication.

Counsel representing Dabiri-Erewa, Ademola Fadipe, said they were optimistic that the settlement talks will be agreeable to all parties.
Justice Lawal has adjourned the matter till March 10, for a report of the settlement.



Wow out of court might mean 400million..lol
Nice one Maam!



17 comments:

  1. Oga oo, out of court? So we won't have access to what finally happened, issoriat




    *Larry was here*

    ReplyDelete
  2. A greedy woman. She want eat where she no work

    ReplyDelete
    Replies
    1. What makes her a greedy woman? So clearing her name and getting a bank to admit their mistake is now being greedy? Odikwa egwu

      Delete
    2. Linda,i have noticed that you have no self worth. Do you know what that publication did to her personality? Do you know how many people bought the papers seeing her name as a debtor on the headlines.
      For someone like you who takes pride in being matched on, self worth is not in your dictionary.

      Delete
  3. Thats,dont they know their debtors?

    ReplyDelete
  4. a.k.a EDWIN CHINEDU AZUBUKO said...
    .
    Nna see the amount wey she dey use dey sue them abeg.... Baddoo....
    .
    .
    ***CURRENTLY IN JUPITER***

    ReplyDelete
  5. Money chopping. Na wa this settlement is big money for her. goodluck to her

    ReplyDelete
  6. Y rub her name thru d mud? It serves them right n again haba 500m for jst dat? Dats too much

    ReplyDelete
  7. This is the kind of court case I need. Clean money. Shiiii

    ReplyDelete
  8. A good move . The woman has integrity so she didn't waste time
    I wish all parties an agreeable settlement
    Other politicians will only be threatening to sue and they will not because they are not clean
    Great woman of virtue . Well done, madam

    ReplyDelete
  9. I just love this woman I wonder why BUHARI HAS NOT GIVEN HER A WORTHY APPOINTMENT?

    ReplyDelete

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