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CENTRAL SECURITIES CLEARING SYSTEMS LIMITED & ANOR V. NMA INVESTMENTS & SECURITIES LIMITED & ANOR

(2018) JELR 42335 (CA)

Court of Appeal  •  CA/K/68/2016  •  25 May 2018  •  Nigeria

Coram
UWANI MUSA ABBA AJI JCA; OBIETONBARA O. DANIEL-KALIO JCA; AMINA AUDI WAMBAI JCA;

Appearances
GODWIN OMOAKA, ESQ. WITH HIM, DENNIS E. OMOROJOR, ESQ. For Appellant SAGIR SULEIMAN GEZAWA, ESQ. FOR THE 1ST RESPONDENT For Respondent

Judgement

UWANI MUSA ABBA AJI, J.C.A. (Delivering the Leading Judgment): This appeal is against the judgment of the Investments and Securities Tribunal, holden at Kano in Suit K/47/2014 presided over by Hon. Wilfred D. Ikatari (Chairman), Ahmad Rabiu and Mohammed A. Dahiru, delivered on 16/6/2010 by Hon. Justice Wilfred D. Ikatari (Chairman), wherein the Claims of the 1st Respondent against the Appellants were granted.

The 1st Respondents claims at the Tribunal against the Appellants vide the Originating Application dated 3/8/2009 contained at pages 1-2 of the records were as follows:

1. An order of this Honourable Tribunal directing the Respondents jointly and severally to cause or direct the lifting of the suspension or blockage of the 1st applicants accounts with CSCS (the 4th Respondent)

The said accounts are:

a) Account No.66067395 (Heritage Investment and Securities Ltd

b) Account No.7267692 (Light House Asset Management Ltd)

c) 70624812 (Transworld Investment and Securities Ltd)

d) 97911433 (NM…

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