The Chairman and Chief Executive Officer of
Prod Integrated Services
Limited, Mr Sylvester Okonkwo alleged to be the In-law of Gov. Akpabio is soon
to be charged to court for inability to pay the sum of N855,500.00 to Fearklass
Nigeria Ltd since February 2011 for electrical materials purchased from the
said company.
In a Motion Ex Parte brought before
Justice Edemekong Edemekong in the High Court of Akwa Ibom State in Suit No: HU/648/2012
dated October 10, 2012, an order to issue Writ of Summons placing same in an
undefended list for hearing and determination was sought.
The Writ to be issued according to
the Ex Parte Motion, should be served on
the Respondents at their Corporate Headquarters, Old Nnetim Akamkpa Quary,
Akamkpa local government area, Cross River State by substituted service.
Justice Edemekong Edemekong on 22nd
October 2012 ordered that Writ of Summons be issued, marked Undefended and
placed on the UNDEFENDED LIST for hearing and determination. He granted leave to the Plaintiff to serve
the Respondent at their Corporate Headquarters by substituted means and that
the filing of delivery note shall be proof of service. He adjourned the case to 26th day
of November 2012 for mention.
Meanwhile The Waves learnt that Mr
Okonkwo “refused and neglected” paying the said debt “in spite of several
demands to pay the Claimant the money due to it consequent upon the Credit
Sales”. Invoice Nos. 001509 (for
N58,500.000) and 001508 (for N797,000.00) showed a total amount of N855,500.00
which Mr Unebgu Ugochukwu claimed was
owed to his company, Fearklass Nig Ltd by Okonkwo’s firm.
Investigations showed that the
Claimant’s lawyer, Emem Adams Esq wrote a letter dated September 20, 2012
demanding the said sum from Okonkwo on or before the 28the day of September 2012 for onward
delivery to Mr Unebgu but no response was got from Mr Okonkwo till the time of
filing this report.
In the said letter the Solicitor
had warned that where his Client’s legitimate demand would be treated with
levity as done in previous times by the CEO of Prod Integrated Services Limited
that a legal action in the appropriate Court would be initiated for redress
including interest on the held over sum without any further recourse to Mr
Okonkwo.
In his Writ of Summons the
Claimant’s solicitor sought, among other things, interest rate of 19 and a half
percent per month on the owed sum of N855,500.00 from 3/2/2011 till judgment is
delivered and thereafter till the entire sum is liquidated as well as N200,000.00
cost of action in favor of his client.
Our reporter sent sms to Mr Okonkwo
asking whether he was the Chief Executive Officer of Prod Integrated Services
Ltd, whether he bought electrical materials worth N855,500.00 from Fearklass
Nig Ltd since 3/2/2011 and has not paid and what was his reply when the lawyers
of the Chief Executive Officer of Fearklass Nig. Ltd wrote to him; but he chose
to remain silent until the time of going to press.
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