To create the necessary awareness among Nigerians, he said that banks had been mandated to put up posters in their banking halls, warning people of the consequences of issuing dud cheques. He urged the court to give the prosecution some time to go through the application when served and also prayed the court to remand the defendant in prison custody. As young people we were often excited to attend the campaigns of Zik and Awo because whenever they spoke your soul would be stirred, you would be moved to tears by the sheer power of their words. At the end of a similar meeting in Abuja, the Managing Director of Skye Bank Plc, Mr. That underlines our unseriousness in the choice of people for the number one job in the country. It is also worth noting that, the principal legislation criminalising the issuance of dud cheques is the 1977 Dishonoured Cheques Offences Act. That section lists the qualifications for election to the office of President as follows a He is a citizen of Nigeria by birth b he has attained the age of 40 years c he is a member of a political party and is sponsored by that political party d he has been educated up to at least the School Certificate level or its equivalent.
Sorry this reply is coming rather late. They thought that this was a God-given opportunity for them to punish Buhari for the heretical remark since, according to statistics, they form about 60% of the population or a substantial portion of the voting population. It is important to seek the advice of a learned Legal Practitioner who can give proper counsel on the best course of action as the main object, I think, would be to recover the funds from the issuer of the dud cheque. However, counsel for the defendant, E. It was paid in error for almost 5 months.
He noted that the practice of issuing dud cheques is damaging and erodes the confidence of people in the financial system, advising that aggrieved parties could seek legal redress to enable unrepentant culprits face the full weight of the law. Last year, Al Qusais Police Station recorded 8,295 cheque cases, valued at 1. We are only trying to separate the person who is the real dud cheque offender from the person who just put his name on the cheque. It was a sad experience. The applicants had sought declaration from the court that their harassment, intimidation, threat of arrest, detention and invitation by the police at the instance of some people were a violation of the fundamental rights to personal liberty as guaranteed under Sections 34 and 35 of the 1999 Constitution.
When I went to the bank, they simply told me that the cheques could not be cleared. The youths have apparently not noticed that the parties have a well-crafted design to marginise them and women. Here, many candidates often look for excuses to dodge them. Justice Umar adjourned the matter to November 28, 2012, for ruling on the bail application and fixed January13, 2013, for commencement of trial. According to sources, the suspect targeted car owners who advertised on Internet to sell their luxury cars and convinced them that he would by the vehicle.
There is the Dud Cheque Act of 1977, which provides for the prosecution of issuers of dud cheques. The Chairman, Senate Committee on Banking, Insurance and other financial Institutions, Senator Rafiu Ibrahim, while answering questions on the sidelines of the conference, applauded the contributions of credit bureaus in the country, especially in the area of identity management. The atmosphere carried in its womb a high measure of excitement. So those elders who covet power have already assigned a subordinate role, an inferior role to youths and women, the role of hewers of wood and drawers of water. After receiving the complaints, the police set a trap for the suspect and managed to arrest him. Nwadiuko spoke in Lagos on Wednesday during the third National Credit Reporting Conference.
The young people thought it was their day, the day of their liberation, their freedom from oppression. First of all, once you are informed by a person to whom you gave a cheque that the cheque is missing you should immediately notify your bank to block the cheque. A bounced or dud cheque is an instruction in writing, authorising a bank to make payment against an unfunded or inadequately funded account. He stated that bank customers are reluctant to drag defaulters to court because of the stress associated with the snail pace of litigation process in Nigerian courts, adding that some Nigerians make their money through illegitimate activities, hence they are reluctant to take action on dud cheques issued to them for fear of inadvertently attracting the prying eyes of the security agencies to the source of the money that generated the dud cheques transaction in the first place. Are there elderly leaders elected for the parties? He was said to have assured the complainant that he would repay the money within a year. In my part of the world when a goat is slaughtered the elders will tell you that youths and women cannot eat the gizzard.
The complaint was issued against Uzodinma and his two companies by Chima Akuzie, and his company, Chitek Ventures Ltd, who claimed that the senator issued them a N200m dud cheque of United Bank of Africa. Being young is not necessarily a qualification for success except other factors are present. If they are out of job, then they might not be able to remit tax to the government. Also, it was difficult to prosecute them because they did not owe me. Dud cheque cases Brigadier-General Yousef Al Adidi, Director of Al Qusais Police Station, revealed that the police managed to settle 1,429 cheque cases, valued Dh144 million amicably. A random visit to many banks yesterday by The Guardian shows that they have posted the posters in their halls.
That advice is likely to fall on deaf ears because a lot of young people are already out there in the field campaigning for people they think are not too young to run. The scheme will also be used as a credit-rating system for individuals. There was electricity in the air and even the air seemed to be holding its breath. He said Leticia during trial admitted that she did not have enough money in her bank account but issued the cheque because of the pressure mounted on her by Madam Selina. Investigation by Financial Vanguard showed that some customers are ignorant of the right to prosecute, while others say it is difficult to prosecute offenders. He has been referred to the Dubai Public Prosecution.
The old man has it and wants to keep it. Establishment of the smart system for companies and banks has made it easy for the public to open cheque cases through the Dubai Police smart app or website, without going to the police station. He wondered why one who does not have money in his account should give somebody a cheque that cannot be honoured. However, these defences, when raised, must be proved satisfactorily before the Court. The judge had issued the arrest warrant following a criminal complaint filed before the court by Chima Akuzie, and his company, Chitek Ventures Ltd, accusing the senator of issuing N200m dud cheque to them.
The police said there were eight complaints registered against the suspect. If they know it, they lack the wherewithal for acquiring it in the immediate future. He, therefore, prayed the court to hear the application and admit his client to bail. This document that the old man signed reduces the age of people who want to contest for the presidency from 40 to 35 years. Once the cheque is dishonoured, it is a dud cheque.