Donald Duke cleared of N538m debt to AMCON - Daily Post Nigeria

Donald Duke cleared of N538m debt to AMCON

The court discharged its August 21 interim order which had permitted AMCON and the United Bank for Africa toJustice Nicholas Oweibo cleared Duke following settlement terms filed and moved by AMCON’s legal team from Benson Reeds Legal Practitioners, Abuja.

AMCON counsel, Mrs Juliet Benson, told the judge that Duke had fulfilled the terms of the out-of-court settlement and both parties had agreed to the terms.Duke’s counsel, Mr Edoigiawerie Omoruyi confirmed that his client had “shown good faith by promptly making the payment of over N350m which parties all agreed to.

“I join my colleagues in praying the court to enter our terms of settlement as the full and final judgment of court.”The judge added: “All orders in the case stands discharged.”Justice Oweibo, on September 3, upheld Duke’s prayer and adjourned till September yesterday, for a report of settlement, after Duke promised to pay off the debt.

Stonehedge Investment Ltd, Duke and his wife, Owanari Bob-Manuel Duke, were first to third defendants in the suit.

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