GTB forgery suit ongoing before Lagos High Court in Yaba
Guaranty Trust Bank, GTB, and RCN Network Limited are expected to adopt their written addresses on May, 28, 2024 before a Lagos High Court sitting in Yaba.
GTB forgery suit ongoing before Lagos High Court in Yaba
GTB is facing a forgery suit of a tripatite agreement.
On Thursday, the Defence Counsel led by Norrison Quakers, SAN, closed its case before Justice Ezekiel Ashade.
RCN Network drags GTB to court for forgery of agreement
The suit was instituted by the Managing Director and Chief Executive Officer (MD/CEO) of RCN Network Limited, Alhaji Si-Nuraini Abiola.
Abiola is the second claimant, his company is the first claimant in the suit.
Other respondents in the suit marked: LD/6148LMW/18 were Registrar of Titles, Lagos State Land Bureau, Seinde Fadeni, GMT Energy Resources Limited, Attorney General of Lagos State and Sanctum Hospitalities Limited.
The petitioner alleged that the bank had registered a default indebtedness position in the Central Bank of Nigeria, CBN Debtor’s Registration Portal in the amount of N257 million debit against RCN’ s name, which were untrue and unfounded.
According to the petitioner alleged the bank forged the TLM by swapping the properly signed TLM he had previously executed with respect to his Banana Island Property, for the TLM he had prepared for the Oyinkan Abayomi Drive, Ikoyi property, which he did not signed.
He also alleged that the bank transposed the title documents of Banana Island property which was a 12-page document onto a nine-page document as listed on the letter footer.
At the trial on Thursday, the legal officer of GTB, Mr. Nicolas Igwebuike, who was the first defence witness, continued his cross-examination by the claimant’s counsel, Dr. Charles Adeogun-Phillips.
Igwebuike confirmed to the court that the cover page of Exhibits C6 and D16 did not indicate the first claimant (RCN network) as a mortgagor in the documents.
The claimant’s counsel asked the witness that what appeared on the consent page was a mistake but the witness said there seemed to be a switch of the party.
Adeogun-Phillips further asked the witness if there was an acknowledgement that the second claimant (Abiola) submitted the TLM tripartite mortgage to Lagos State Government for processing and not GTB.
The witness confirmed he did not see the acknowledgement on Exhibit C12, but that there was one on Exhibit D16.
The witness was then showed a letter addressed to the Commissioner of Police, Special Fraud Unit, Ikoyi for the attention of ACP OhIkeie Idris.
Mr. Noris Quakers, SAN, on behalf of GTB objected that the witness could not be examined on documents he did not tender in evidence.
Although Quakers opposed the admissibility of the affidavits, the judge admitted them in evidence.
