$3.2m debt: Igbenedion’s daughter, 3 others move to set aside judgement

Akin Kuponiyi

Lucky Igbenedion ‘s daugther Nosazena Enaholo, Nigerian business man, Kennedy Uwagboe, and two limited liability companies, Jupiter Asset management company limited and Mid -Western Oil and Gas Limited have filed an application before a Federal High Court in Lagos, to set aside judgement of $3,286,629.92, and other orders made against them by the court.

Sometime in 2016, the court presided over by Justice Saliu Saidu awarded the judgement sum against the defendants after the Plaintiff, Diamond Bank Plc filed the suit on 18 June, 2015 and requested the court to enter the suit for hearing in the “undefended list” and to mark the writ of summons accordingly.

The facts upon which the bank believed the defendants had no defence to the suit were that Jupiter Asset Management Company limited borrowed $3,500,000 from…