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Wednesday, June 9, 2010

Children sue Nigeria Deposit Insurance Corporation over sale of late businessman's property.

The Federal High Court has fixed June twenty-two for hearing in a suit filed by four children of late industrialist Babatunde Adeyemi against Nigeria Deposit Insurance Corporation.

The Adeyemis,Lucia,Patricia,Charles and Anthony alleged that the Corporation sold a property situated at Muri Okunola Street, Victoria Island, Lagos, that belonged to their father.

They want the court to set aside the sale and order a perpetual injunction restraining Corporation from entering or taking possession of the property.

At the resumed hearing of the matter counsel to the Corporation,Ayodeji Owobiyi, told the court that he was unable to serve his reply on the plaintiffs.

Counsel to the plaintiffs,Wemimo Ogunde, told the court that he had no objection for an adjournment.

Justice Okechukwu Okeke urged counsel involved in the matter to ensure that due process was followed in filing and serving their court processes.

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