Services @ Dexterity Portal

Today

November 2019
S M T W T F S
123
45678910
11121314151617
18192021222324
25262728293031

N114bn suit: Court stops Mastercard from issuing National Identity cards, warns 22 banks

Advertisements

Mastercard and its agents have been ordered to stop issuing the Nigeria’s National Identity card by Justice R.M. Aikawa of the Federal High Court in Lagos.

The ex parte, which also include an Anton Piller order, was followed a motion by Chams Plc and Chams Consortium Limited (CCL) filed on August 28, 2019.

In their statement of claim, the appellants are asking Mastercard to pay the sum of N114billion for damages.

Other defendants in the case include Ajay Banga, President & Chief Executive Mastercard international, Omokehinde Ojomuyide, Country Representative of Mastercard in Nigeria, Daniel Monehin, staff of Mastercard, the National Identity Management Commission (NIMC), and 22 commercial banks as respondents.

The order of the court states inter alia, “An order of interim injunction restraining the defendants, whether acting by themselves or by their directors, officers, servants, agents, technical managers, or otherwise however from further manufacturing, producing, designing and or printing or authorizing the manufacturing, production, designing and or printing of any National Identity Card with Mastercard logo as described in paragraph 16 of the supporting affidavit in Exhibit CC9 pending the determination of the motion on notice filed for hearing,”

A similar order was given to 22 respondent banks in Nigeria restraining them from honouring or giving effect to any transaction from Mastercard.

The Anton Piller order has empowered the prosecuting solicitor Kemi Pinheiro SAN of Pinheiro LP, Inspector General of Police (IG) or any senior police officer not below the rank of Assistant Superintendent of Police to search any of their premises, take into possession and remove any document relating to the said affidavit.

They are also empowered to inspect, take pictures or arrest any body found to be contravening the orders of the court.

A breakdown of the Statement of Claim shows that N84billion is for special damages as a result of loss of expected revenue for 8 years, N10billion for general damages of fraud perpetrated jointly and severally against the claimants and N20billion for inducing the breach and termination of the Concessions awarded to the Claimants by 3rd Defendant which occurred as a result of the 1st and 2nd Defendants’ fraudulent actions.

In 2006, Chams was invited by the Federal Government to bid for the National ID project. It competed and emerged the preferred bidder for the Nigeria National Identity Card (NIC) concession.

Before and upon the execution of a concession agreement with the NIMC, Chams Plc pursued the implementation of the NIC concession by incorporating Chams Consortium Limited (CCL), a Special Purpose Vehicle (SPV) with the sole purpose of implementing the NIC concession.

Chams Plc also invited Mastercard to work with the Chams Consortium as one of its technical partners on the NIC concession.

However, Mastercard allegedly went on to collude with others using technical information and design shared with them by Chams to frustrate the concession won by Chams and the more than US$100m Chams/CCL invested in the project.

In an open letter published earlier in the year to the President of the Federal Republic of Nigeria, Chams PLC and CCL asked Mastercard to accept wrongdoing, apologize for the breach of contract and pay compensation to CCL and Chams Plc for their more than US$100m Investment and accumulated losses.

Ogugua

Recent Posts

Trump orders airstrikes against ISIS in Nigeria

Trump Hits ISIS in Nigeria U.S. President Donald Trump announced on Christmas Day, the 25th,…

3 weeks ago

Everything Travelers Should Know About UK and Europe Crack Down on Short-Term Rental Regulations

UK and Europe to Crack Down on Short-Term Rental Regulations: Everything Travelers Need to Know…

1 month ago

Venezuela and six international airlines in the eye of the storm over US FAA Caution

Venezuela withdraws operating permits for six international airlines US FAA Causion The Venezuelan government on…

2 months ago

Court Orders Tinubu Govt To Publish Names Of Those Indicted In NDDC N6Trillion Misappropriation

Justice Olotu also held that "NDDC forensic audit report and the names of persons indicted…

2 months ago

Court Orders Tinubu Govt To Publish Names Of Those Indicted In NDDC N6Trillion Misappropriation

Those Indicted In NDDC Scandal to be exposed Justice Olotu also held that "NDDC forensic…

2 months ago

Flowmingo AI-assisted Interviewer Sieves Your Best Candidates 4U

Grab Flowmingo lest your best candidates slip away Your best candidates are slipping away while your…

2 months ago