By Lukman Olabiyi
Justice Dehinde Dipeolu of the Federal High Court, Lagos, has ordered a bank to pay the liquidator of Addy Finance & Investments Limited (in liquidation) the sums of N39,108,417 and $53,078.04, with pre-judgment interest at 20% and post-judgment interest at 10% per annum.
The court,also directed the bank to deliver certified statements of account covering the period from November 2, 2021 (the commencement of the company’s winding up), to the date of the judgment.
The ruling, followed an application by the liquidator in the winding-up suit FHC/L/CP/1577/2021: Nduka Nwabuwa & 3 Ors v. Addy Finance & Investments Ltd.
The application sought recovery of the company’s funds held by the…
