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Court freezes Swift Networks,’ chief executive’s accounts over alleged debt

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A federal High Court sitting in Lagos has granted Union Bank interim injunction restraining Swift Networks Limited and its agents from accessing funds and assets in banks pending determination of a Motion on Notice in an alleged debt recovery suit.

Justice Yelim Bogoro issued the order on June 19, following a June 11, ex-parte application filed and argued by Gbenga Akinde, counsel for the plaintiff/applicant, Union Bank.

Union Bank listed Swift Networks and its Managing Director, Charles Anudu, as defendants/respondents in suit FHC/L/CS/1010/2024.

The parties have been locked in the alleged debt dispute for a while and it is Union Bank’s case that parties entered into agreement, which was put in writing and signed by parties to amicably resolve the matter.

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But Swift refused to honour the agreement so, the bank instituted an action to enforce it.

On July 19, 2023, the court granted Union Bank Mareva orders restraining Swift Networks from accessing funds up to N7 billion in 25 banks to protect the res.

Following the bank’s latest application, Justice Bogoro restrained the defendants, their directors, staff, management and agents from tampering with, operating, withdrawing from, and/or dealing with the defendants’ alleged funds (whether held directly or by proxy) in any bank and/or financial institution in Nigeria pending hearing and determination of the Motion on Notice.

The judge also directed banks/financial institutions harbouring the defendants’ accounts to depose on oath and furnish the plaintiff or its solicitors, details of credit outstanding in their accounts in seven days of receipt of the order.

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Furthermore, the order restrained any electronic payment platforms, or digital and payment service banks, including Interswitch Limited, Interswitch Financial Inclusion Services, Hope Payment Service Bank, 9PSB, Hope PSB, Money Master PSB, MOMO PSB, Smartcash PSB etc.) from processing payments authorised by the defendants, while also barring them from their services to process funds payment.

The order also barred the defendants from tampering with, removing from jurisdiction, or dissipating, their fixed and moveable assets, investments, bonds, shares, pecuniary and other beneficial interests (whether held directly or by proxy) in their custody or in the custody of any bank, financial institution and/companies in Nigeria.

The banks were also mandated to disclose such assets and funds standing to the credit of the defendants in their custody in seven days.

“This suit is hereby adjourned to July 10 for Motion on Notice. Defendants/respondents shall be put on notice,” Justice Bogoro held.

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Sad! Train Crushes Man To D3ath In Oshodi, Lagos

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By Kayode Sanni-Arewa

There was confusion in Lagos on Friday when a trader was crushed by a Lagos-Ibadan train around Oshodi, Lagos.

The incident happened around 2pm with sympathisers and passers-by thronging the area.

Eyewitnesses said the trader was crushed to death in front of Arena Shopping Complex, Oshodi.

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The middle-aged man was said to be urinating while standing in the middle of the rail tracks, with his two ears covered with an earpiece.

A witness told out reporter that despite the heavy horn of the train and passers-by shouting to warn the man, he did not hear the alarm.

Sympathetic passers-by who gathered around the dead body said the man killed himself.

Another witness identified the dead man as a trader who owned a shop at a shopping complex called Moyosore.

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He said the deceased was chatting with three other persons who heard the honking of the train and ran away from the tracks.

The deceased’s body was still lying on the ground in front of his closed shop while efforts were made to reach his family. Sources said the Police was quickly called upon to evacuate the corpse.

Cases of train crushing people to death have become a recurring incident due to high prevalence of human activities on the railway corridors within the Lagos axis.

In areas like Agbado, Agege, Ikeja, Oshodi, traders often display their wares on the rail tracks while quickly packing the wares as soon as a train approaches, thereby endangering their lives.

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A source in the Nigerian Railway Corporation (NRC) who confirmed the train accident to our correspondent, said the identity of the victim had not yet been figured out.

The Public Relations Officer (PPRO) of the Lagos Police Command, Ben Hundeyin, was yet to respond to our correspondent’s enquiry on the incident as at press time.

Nigerian Tribune

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Police declare Ex-President Jonathan’s aide , Reno Omokri wanted

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By Kayode Sanni-Arewa

Reno Omokri, a former Special Assistant to former President Goodluck Jonathan on New Media, has been declared wanted by the Nigeria Police Force (NPF).

His offence: he allegedly defamed Pastor Paul Enenche.

The NPF secured an order from the Chief Magistrate Court of the Federal Capital Territory (FCT), Wuse Zone 6, Abuja to remand him in prison custody along with a former Dunamis Church Pastor, Abraham Daniel, and two others, Enenche Peter and Alexander Enenche.

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The court, presided over by Chief Emmanuel A. Iyanna, issued the remand warrant through an ex-parte motion filed by the Inspector General of Police (IGP), Kayode Egbetokun, on January 13, 2025.

Granting the ex-parte application filed by Francis Gabriel, Esq on behalf of the Police Chief, in Motion No: ME/07/2025 between the Inspector General of Police as Applicant and Daniel Abraham, Enenche Idoga Alexander, Oboyinlo Enenche Peter and Reno Omokri as 1st to 4th Respondents, the Chief Magistrate directed the Police to produce the respondents on return Court date on January 30.

Iyanna held: “Upon hearing the application and submissions of learned Francis Gabriel and upon careful consideration of the averments, the annextures and issues as raised in the submissions of the applicant, the application is hereby granted as prayed.

“It is hereby ordered as follows: An Order of this Honourable Court for remand warrant of the Respondents (i) MR. DANIEL ABRAHAM (ii) MR. ENENCHE IDOGA ALEXANDER (iii) OBOYINLO ENENCHE PETER and (iv) MR. RENO OMOKRI in the custody of the Nigeria Correctional Service, pending investigation, arraignment/prosecution.

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“It is, hereby, ordered that the Respondents be arraigned before a Court of competent jurisdiction after the conclusion of the said investigation.

“On the return date, the Respondents should be produced.

“The matter is adjourned to 30th Day of January, 2025.”

The remand warrant was predicated on a petition to the IGP by Patrick O. Okolo, SAN against Mr Reno Omokri, Gistlover Blog, Aunty Adul, Peter Obonyiro, Kelechi TV and their agents and co-conspirators for alleged defamation of Pastor Paul Enenche.

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Reps Urges Clear Labeling of GMO Products, Demand More Research

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By Gloria Ikibah

The House of Representatives has called on the National Biotechnology Development Agency (NABDA) to ensure the clear labeling of all Genetically Modified Organism (GMO) products in accordance with global standards.

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This House Committee on Science and Technology gave the resolution during a budget defense session, with the Director General, Prof. Abdullahi Mustapha on Thursday in Abuja.

The committee cited the widespread of GMO use in the United States, particularly in maize.

However, committee member Rep. Awaji-Inombek Abiante emphasised the need for transparent labeling, highlighting that Nigerians should have the choice to make informed decisions about the food they consume. He questioned the adequacy of research on GMO products, particularly Tela Maize, before their adaptation in the country.

In addition, Prof. Mustapha presented NABDA’s proposed budget of N5.3 billion for the 2025 fiscal year, which includes N834.4 million for overhead costs and N14.5 million for personnel costs.

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Naijablitznews.com reports that the agency employs around 4,000 staff across its 39 centers nationwide. Other agencies, including the Trypanosomiasis Research Institute, PRODA, NBTI, and NOTAP, also submitted their budgets to the committee.

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