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DIAMOND BANK LIMITED v. GENERAL SECURITIES AND FINANCE COMPANY LTD

(2008) JELR 47155 (CA)

Court of Appeal  •  CA/L/305M/2002  •  14 Jul 2008  •  Nigeria

Coram
MONICA BOLNA'AN DONGBAN-MENSEM JCA; PAUL ADAMU GALINJE JCA; ADAMU JAURO JCA;

Judgement

MONICA BOLNA'AN DONGBAN-MENSEM, JCA(Delivering the Leading Judgment): The account of the facts giving rise to this interesting appeal is hereby reproduced verbatim as presented in the Appellant's brief of argument: -

"1.1. This is an appeal against the ruling of the High Court of Lagos State, Lagos Division in Suit No. M/427/2002.

1.2. The Appellant in this action is a Defendant in an action in The Chancery Division of the High Court of England with No. HC0100699 between LUIZ VICENTE BARROS JR. AND ORS v. MAC DANIELS LIMITED AND ORS, From which tracing and freezing orders were made to Freeze the account of the Plaintiff herein pending the Determination of the suit in England.

1.3. By an originating summons dated 24th June, 2002 and filed on 26th June, 2002 at the High Court of Lagos Registry, the Plaintiff/Respondents pursuant to an Assertion that the Defendant froze its accounts with Numbers 026-2010013837, 018-2010005273 and 018-2010005285, held in the Defendant Bank, prayed the cou…

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