Med-View is kicking as First Bank is said to be “invaded” property over N4bn debt

Med-View Airline

The management of Med-View Airline kicked against the invasion of its property by some officers of First Bank Plc over the alleged N4 billion loan owed to the financial institution.

The airline also accused the bank of abusing the court process, saying the raid on its properties in Ikeja and Lekki areas of Lagos on Monday was against the court’s ruling.

The airline, through its lawyer, Mr. Lawal Pedro (SAN) said on Monday that his client’s properties were raided by a group of policemen who were hiding a bank court order. The council condemned the raid, insisting the bank had violated court proceedings.

According to him, hHe read a copy of the ex-parte order made by Hon Justice Lawal Akapo in Suit No. ID/6251/GCMW/22 issued on November 22, emphasizing that it does not involve the taking or sealing of the airline’s assets.

  • Instead, he said Justice Akapo ordered the preservation of the airline’s assets, from sale or other alienation pending the fulfillment of the pre-action protocol procedure by First Bank and it has yet to file an action in relation to the alleged debt. .
  • According to Lawal, the second and third ex parte orders secured by the bank were given by Hon Justice Oluyemi in Suit No ID/6241/GCMW/22 and ID/6243/GCMW/22 which were both delivered to those November 22, to pick up the residential. house of the managing director of the airline located at Olabanji Olajide Street on Admiralty way Lekki Phase 1, pending compliance with the bank’s pre-action protocol procedures.

Disappointment about the action: He expressed disappointment over Monday’s raid and sealing of its client’s properties in Ikeja and Lekki areas of the state.

The news continues after this ad

  • “We have held meetings with bank officials and exchanged letters regarding the amicable resolution of any remaining debt and for the parties to resume normal banking relations.
  • “Therefore, it came as a rude shock to us this morning (Monday) when the police raided the properties of our clients in Ikeja and Lekki, evicted everyone, and sealed the properties as the last Judgment was given in favor of the bank in the alleged debt.
  • “We believe this is illegal and an institution like First Bank, which has a full complement of legal departments and which we hold in high esteem, should not be involved in this type of action. We are making and appropriate steps to seek justice and redress for our clients through due process of law,” he said.


Please enter your comment!
Please enter your name here