Court Convicts First Bank, Chairman, MD Of Contempt

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The bond is in respect of the judgment debt against SPDC in an oil spill suit filed by the community. Justice Ibrahim Buba, however, suspended the sentencing for three months to enable the bank and its officials to purge themselves of the contempt. The judge said if the convicts failed to purge themselves of the contempt by September 6, they would be sent to prison. Ten indigenes of Ejama community in Ogoniland had sued Royal Dutch Shell Plc, Netherlands; Royal Dutch Shell Plc, United Kingdom; and SPDC at the Federal High Court in Port Harcourt over alleged oil spills that occurred when Shell operated in the community. Justice Buba, who heard the case while sitting in Port Harcourt, awarded N17bn to the community’s representatives in 2010, as well as 25 per cent interest on the principal sum, among other reliefs. Shell appealed the judgment and applied for a stay of execution pending the appeal. PUNCH NEWSPAPER Add 0802 739 7554 To Receive SKYTREND NEWS Alerts On WhatsApp; For Adverts Enquiries, Whatsapp 0802 739 7554, Send Articles & News Stories To editor@skytrendnews.com. READ ALSO! 14-Year-Old Pregnant Housemaid Dislodges Her Childless Madam, Says I Can’t Share Husband With You READ ALSO! SHOCKING, ALARMING: Nigerian FRSC Official Engages Woman In Serious Physical Combat (VIDEO) READ ALSO! How I Stopped Obasanjo From Becoming Nigerian Version Of Mugabe — Atiku READ ALSO! I’m Happy Leaving My Husband, Nine Children For New Lover — Housewife After 23 Years Of Marriage READ ALSO! The Smart CEO: Top 5 Websites To Get Cheap Domain Name Registration READ ALSO! First Bank’s Appalling Customer Service And Utter Disregard For Its Customers READ ALSO! Between GoDaddy And Namecheap: Making The Best Choice For Domain Name Registrar READ ALSO! Nigerian Filmmaker, Zuriel Oduwole Makes Forbes List Of 100 Most Influential African Women READ ALSO! Woman Marries Her Son After Getting Pregnant For Him ]]>