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Warrant of arrest against Adebise inappropriate, violation of rights- Management reacts

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Warrant of arrest against Adebise inappropriate, violation of rights- Management reacts
  • …..refutes allegations against MD
  • …..recount full detail of events

The Management of Wema Bank PLC, has decried the gross abuse, allegations and warrant of arrest levelled against its Managing Director in a press statement made available to newsmen on Wednesday.

According to the bank, the situation at hand is as a result of misrepresentation, misinterpretation of facts and vendetta by some persons for their own selfish gain.

It said:”The attention of Management of WEMA BANK PLC has been drawn to the trending news in the media to the effect that a Magistrate’s Court in the Federal Capital Territory (FCT), Abuja, had issued a warrant for the arrest of our Managing Director, MR. ADEMOLA ADEBISE, in connection with a Garnishee proceeding for the payment of a judgement-debt on behalf of the Bayelsa State Government.

“WEMA BANK PLC would like to use this medium to refute the allegations and dismiss the gross representation of facts in regard to the material facts, and the apparent breach of the principles of fair hearing before such order of the court was entered against our Managing Director.

“WEMA BANK PLC wishes to state that, contrary to the facts presented before Her Worship, Mrs. Elizabeth Jones, the said set of five cheques for the total sum of N50m issued in protest based on pending applications before an Abuja High Court then, were in favor of the Chief Registrar FCT High Court, not in favour Barrister. George Haliday who is now claiming the proceeds of the cheques. It is important to note that those cheques were not signed by MR. ADEMOLA ADEBISE and had not assumed the position of the Managing Director of the bank at the material time the cheques were issued in favour of the Chief Registrar.

“Furthermore, we would like to state that the five cheques issued in protest by our Bank were not dud cheques as alleged by the complainant. The cheques have only not been cleared for payment because of the subsisting Appeal at the Court of Appeal Abuja on the Garnishee proceeding which has now been decided in favour of the bank. It was after Barrister George Haliday lost at the Appeal Court that he resorted to a Magistrate Court in Abuja to lodge a complaint about issuance of dud cheques. It is very worthy of note that the judgement debt against Bayelsa State Government, which Barrister George Haliday attempted to enforce by a garnishee proceeding, thereby leading to the issuance of the cheques in question had been settled by Bayelsa State Government via a Terms of Settlement between Barrister. George Haliday and the Bayelsa State Government at the Supreme Court.

“WEMA BANK wishes to state that the warrant for the arrest of MR. ADEMOLA ADEBISE is in violation of his fundamental rights to fair hearing as he was never personally served with any process to appear before the Magistrate Court, neither was he represented in court. We are a law-abiding corporate citizen; if there was any court summon properly served on the Managing Director for his appearance in court, he would have done so without fail. But, in this case, there was no such service extended to him or any court processes personally served on him to appear in court until a warrant of arrest was issued in absentia. We view the arrest warrant as being an infringement on his fundamental rights.

“We, therefore, refute and dismiss in their entirety the allegations of dud cheque and forgery levelled against our Bank and the Managing Director. We also dismiss the inappropriate issuance of bench warrant on our Managing Director. We are already engaging in legitimate actions to seek redress and bring all the perpetrators of these unprofessional conducts and heinous criminal act against our Managing Director and the bank to book.” It added.

The management, however urged pressmen to yearn for balance in their reports while stating its availability to reply and address issues via its marketing communications and investor relations @Funmilayo.Falola@Wemabank.com +234 1 2778627.

 

 

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Starship to leave for Mars at end of 2026 – Elon Musk

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Elon Musk has announced an ambitious timeline for SpaceX’s Mars mission, revealing that the company’s massive Starship rocket is set to depart for the Red Planet at the end of 2026. The mission will include Tesla’s humanoid robot, Optimus, as part of the spacecraft’s payload.

“If those landings go well, then human landings may start as soon as 2029, although 2031 is more likely,” Musk posted on his social media platform, X.

The Starship rocket—considered the world’s most powerful—is central to Musk’s long-term vision of colonizing Mars. However, significant technical hurdles remain before this dream becomes reality.

NASA is also counting on a modified version of Starship to serve as the lunar lander for its Artemis program, which aims to return astronauts to the Moon this decade. But before SpaceX can proceed with interplanetary travel, it must demonstrate that Starship is safe, reliable, and capable of complex in-orbit refueling—an essential requirement for deep space missions.

SpaceX recently encountered a setback when the latest test flight of Starship ended in an explosion. While the booster was successfully caught in its orbital test, the upper stage failed, tumbling out of control before the live feed abruptly cut. The incident mirrored a previous attempt.

The Federal Aviation Administration (FAA) has mandated an investigation before Starship can fly again, adding another layer of scrutiny to SpaceX’s ambitious timeline.

Despite these challenges, Musk remains optimistic, continuing to push forward toward his goal of making humanity a multi-planetary species.

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Obi donates N20m to Colleges of Nursing in Ahiara and Ihiala

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The 2023 Labour Party (LP) presidential candidate, Peter Obi, has donated N20 million to two Colleges of Nursing Sciences in Imo and Anambra States. The beneficiaries are Holy Rosary College of Nursing, Ogbe, in Ahiara Catholic Diocese, Mbaise, and College of Nursing Sciences, Our Lady of Lourdes Hospital, Ihiala.

Obi, a former Governor of Anambra State, presented N10 million cheques to each institution during his visits on Friday. At the Holy Rosary College of Nursing, he handed over the cheque to the Bishop of Ahiara Diocese, Most Rev Simeon Nwobi, at the college’s construction site. Similarly, at Our Lady of Lourdes, Ihiala, he presented the donation to the Students’ Union Government (SUG) President, Miss Anigbo Chisom Mary, in the presence of excited students.

Highlighting the significance of his donation, Obi stressed that healthcare and education are critical to national development. He commended the Catholic Diocese of Ahiara for investing in nursing education, describing it as a vital step in securing Nigeria’s future.

“My Lords, what you are doing is a great service to our country,” Obi said. “This donation is not a favour but a recognition of your efforts in nation-building. I will always support this project because it is about securing a better future for Nigeria.”

Obi further urged the government to prioritize quality education, including the prompt payment of teachers’ salaries. He emphasized the need for free and accessible education at the primary and secondary levels, both in public and private schools.

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Tinubu’s administration not running govt in secrecy — AGF Fagbemi

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The Attorney General of the Federation and Minister of Justice, Lateef Olasunkanmi Fagbemi, SAN, has reaffirmed the Federal Government’s commitment to transparency, stating that government affairs will no longer be conducted in secrecy.

Speaking at a Stakeholders’ Town Hall Meeting on the Application of the Freedom of Information Act (FoIA) in Awka, Anambra State, Fagbemi urged Nigerians to use the Act to demand accountability from their elected and appointed officials. The event was organized by the Centre for Transparency Advocacy (CTA) in collaboration with the Federal Ministry of Justice.

Represented by Garba Sunday, a lawyer in the ministry’s FoIA department, Fagbemi emphasized that the FoI Act empowers citizens to access government records and information without providing reasons for their request. He encouraged public officeholders to disclose their activities to foster trust and dispel rumors.

“The Act also provides for people with disabilities and other vulnerable groups to access government records. However, while the law guarantees access to information, there are exemptions and conditions that must be met before certain records can be released,” Fagbemi stated.

He commended the Anambra State government for actively implementing the Act, allowing citizens to stay informed about governance. He further called on Nigerians to exercise their right to information and participate in governance, adding that transparency leads to good governance.

“We appreciate the efforts of organizations like Rule of Law and Anti-Corruption (RoLAC) and CTA for making this town hall meeting possible. The purpose of the FoI Act is to promote **transparency, accountability, and good governance—**not to be used as a tool for blackmail or political attacks,” he added.

In her remarks, CTA Executive Director, Faith Nwadishi, lamented that many Nigerians remain unaware of their rights under the FoI Act, despite its enactment over 14 years ago.

“The Act allows citizens, including women, youth, and people with disabilities (PWDs), to track budgets, monitor government programs, and expose corruption. However, those who passed the law have done little to educate the public about its importance,” she stated.

Nwadishi highlighted that the town hall meeting aimed to empower marginalized groups to use the FoI Act in holding government institutions accountable. She also noted the work of the Strengthening Accountability and Governance in Nigeria Initiative (SAGNI) in promoting transparency in the Federal Capital Territory, Anambra State, and Edo State.

As calls for transparency and accountability grow louder, stakeholders emphasized the need for public institutions to proactively disclose information and for Nigerians to actively demand their rights, ensuring that governance remains open and inclusive.

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