Special panel constituted by the President, Court of Appeal, Justice Zainab Bulkachuwa will on April 7, hear an appeal filed by twenty-two commercial banks challenging a judgement of a Federal High Court delivered by Justice Chukwujekwu Aneke, which ordered them to remit to Nigerian Postal Services through KASMAL International Services Limited, a sum of N50 as stamp duty on every transaction from N1, 000 and above.
The Peoples Democratic Party, PDP South West leader, Senator Buruji Kashamu is the Chairman and Chief Executive of KASMAL International Services Limited.
The five-man panel presided over by Justice Ibrahim Saulawa adjourned the appeal for hearing and that notices should be issued to all parties in the matter.
At the Federal High Court, KASMAL International Services had in a 32-paragraph affidavit deposed to by Senator Buruji Kashamu, urged the court among others to order the banks to give effect to the Agency Agreement between it and the Nigerian Postal Services (23rd defendant) as well as the Cooperate Agreement between it and the School of Banking Honours (24th defendants) respectively.
The banks are; Access Bank Plc, Citibank Nigeria Limited, Diamond Bank Plc, ECO Bank Plc, Enterprise Bank Plc, Fidelity, First Bank Nigeria Plc, First Monument Bank Plc, First Inland Bank Plc, Heritage Banking Company Limited, Mainstreet Banking Limited, Skye Bank Plc, Stanbic IBTC Bank Limited, Standard Chartered Bank Plc, Sterling Bank Plc, Union Bank Plc, United Bank of Nigeria Plc, Unity Bank Plc, WEMA Bank Plc, Unity Bank Plc, and Zenith Bank Plc.

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  • Mr. Abdin

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  • Zirem

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  • sir Oscie

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