TECHNIP V. AIC LIMITED & ORS

SAMUEL CHUKWUDUMEBI OSEJI, JCA (Delivering the Leading Judgment): This appeal against a Garnishee Order Absolute has its origin from a judgment of the Lagos State High Court delivered by C.O. Segun CJ. on the 25th January, 2000 wherein he found in favour of the claimant (now 1st Respondent) as follows:-

"In the final result and for all the reasons above and consequent upon the failure of the 1st defendant to pay any commission to the plaintiff as proved in the evidence, I will give judgment in favour of the Plaintiff against the 1st and 2nd defendants jointly and severally as follows as contained in schedule B of their statement of claim:

(1) $1,220,185,40 (US Dollars)

(2) ?547,185.00 (Sterling)

(3) DM 22,270,922.00 (Dutch marks)

(4) ₦2,764,785,40 (Naira)

(5) $750,000.00 being 5% commission of contract "D"

The 1st and 2nd Defendants shall pay interest on the above sums at the rate of 13% per annum from 10th April, 1987 until payment thereof of all the sums........"

The 1st Respondent…