The Nigerian Deposit Insurance Corporation, (NDIC), Liquidator of Gulf bank Nigeria Plc in a debt recovery suit before a Federal High Court in Lagos, against the Senior Special Assistant to President Goodluck Jonathan, Dr. Doyin Okupe and....
two others filed an application to place the suit on an undefended list.
Joined as Okupe’s co-defendants in the suit are an investment company, Value Trust Investment Limited, and a Director of the company Mr. Ray Ahazie.
NDIC is claiming Okupe, who is the chairman of the company and other defendants owe the sum of N34,168,064.51. as outstanding balance of a loan they took from liquidated Gulf bank Plc.
NDIC is also claiming the interest on the said sum at the rate of 21 per cent per annum from May 2007, until the final liquidation of the said sum.
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