garnishee proceedings Archives

CBN AND GARNISHEE OF ACCOUNTS OF BANKS: COURT OF APPEAL IN FRESH CONFUSION – WAY FORWARD

On 17 September 2018, in the case of CBN v. Umar [2019] 10 NWLR (Pt. 1679) 75, the Court of Appeal cleared the coast when it held that accounts of banks with the Central Bank of Nigeria (CBN) can be garnisheed without prior consent of the Attorney-General of the Federation. Williams-Dawodu, JCA stated, after a […]

stephenazubuike
September 22, 2021
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Case Law Law News

Coast Clear: Accounts of banks with CBN can be garnisheed without prior consent of the Attorney-General.

*Background The Central Bank of Nigeria (CBN) was established under the Central Bank of Nigeria Act, 2007 (CBN Act). The principal objects of the CBN are to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound financial […]

stephenazubuike
August 5, 2019
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Not every debt can be attached by garnishee

Case Law

It is not every debt that can be attached by garnishee proceedings.

Barbedos Ventures Ltd v. FBN Plc [2018] 4 NWLR (Pt. 1609) 241 at 297, paras. C-F, per Peter-Odili, JSC: “It is to be said that it is not every debt that can be attached by way of garnishee proceedings and so it has to be discerned if any sum is due and payable by […]

stephenazubuike
March 22, 2018
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Notable Pronouncements

A Garnishee lacks the power to fight the cause of a Judgement Debtor.

Guaranty Trust Bank Plc v. Innoson Nig. Ltd. [2017] 16 NWLR (Pt. 1591) 181 at 203, paras. D-F, per Eko, JSC: “It is not for a garnishee to fight the cause of a judgment debtor who either accepts the judgment against him and does nothing about it, or who may be indolent to fight […]

stephenazubuike
November 26, 2017
0 Comments
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FRN VS NNAMDI KANU: RESOLVING THE FINAL ADDRESS PUZZLE

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FRN VS NNAMDI KANU: RESOLVING THE FINAL ADDRESS PUZZLE

“OMOTOSHO SHOW ME THE LAW, YOU DON’T KNOW LAW”:

HOW TINUBU’S “ON YOUR MANDATE” ANTHEM “SET UP” THE

JUSTICE OMOTOSHO’S FINDINGS THAT NAILED PROF. NDIFON ON THE

Tag: garnishee proceedings

CBN AND GARNISHEE OF ACCOUNTS OF BANKS: COURT OF APPEAL IN FRESH CONFUSION – WAY FORWARD

It is not every debt that can be attached by garnishee proceedings.

A Garnishee lacks the power to fight the cause of a Judgement Debtor.

FRN VS NNAMDI KANU: RESOLVING THE FINAL ADDRESS.

“OMOTOSHO SHOW ME THE LAW, YOU DON’T KNOW.

HOW TINUBU’S “ON YOUR MANDATE” ANTHEM “SET UP”.

JUSTICE OMOTOSHO’S FINDINGS THAT NAILED PROF. NDIFON ON.

FRN VS NNAMDI KANU: RESOLVING THE FINAL ADDRESS.

“OMOTOSHO SHOW ME THE LAW, YOU DON’T KNOW.

HOW TINUBU’S “ON YOUR MANDATE” ANTHEM “SET UP”.

JUSTICE OMOTOSHO’S FINDINGS THAT NAILED PROF. NDIFON ON.

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