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Court Orders Fine & Country CEO Udokanma To Pay $97,982 To Providus Bank, Upholds Freezing Order, Reduces Interest Rate To 10% - TheNigeriaLawyer
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Court Orders Fine & Country CEO Udokanma To Pay $97,982 To Providus Bank, Upholds Freezing Order, Reduces Interest Rate To 10% - TheNigeriaLawyer
The Federal High Court in Lagos has ordered Mrs. Okonjo Udokanma, Chief Executive Officer of Fine & Country West Africa, to pay Providus Bank Plc the sum of $97,982.19, affirming that she fully utilised an overdraft facility linked to her World Elite Card. The suit, FHC/L/CS/901/2025, filed by Providus Bank, focused on whether Mrs. Okonjo accepted and used the overdraft facility under the account-opening terms and whether the bank was entitled t…
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