Symbol of justice
By Tobi Soniyi in Abuja
A distributor with Dangote Cement, Blueberry Integrated Concept Limited (BICL), has dragged Access Bank and Dangote to an Abuja High Court, demanding N250 million for damages.
Before their relationship turned sour, Blueberry said it was appointed as one of Dangote Cement’s distributors.
Court processes reveal that Blueberry obtained a N40 million Bank Guarantee (BG) from Access Bank which was given to Dangote to finance a contract for the supply of 90,000 bags of 50kg Dangote cement.
The plaintiff said that the transaction did not go through and Dangote held on to the bank guarantee. This, the plaintiff said, made it impossible to access other facilities from the bank.
In a 29-paragraphed statement of claim, the Chief Executive Officer of Blueberry, Mr Sanusi Maikurdi Garba, alleged that there was a connivance between Access Bank and Dangote to frustrate his company from enjoying the bank guarantee issued in its favour by Access Bank.
The plaintiff stated that Dangote deliberately refused to surrender the original bank guarantee, thereby making it impossible to obtain a loan and an overdraft from the bank despite the exorbitant sum it paid to the bank before the guarantee was issued.
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