News
VENO NEWS: Chronic Debtor Brendan Usoro’s Apologists Stage Unlawful Disruption in Abuja... .… Bank Swiftly Restores Normal Operations
Date: 09-10-25
Abuja, Nigeria: In what appears to be yet another desperate attempt to evade
repayment of long-outstanding debts upheld by multiple court judgments, Dr. Brendan
Innocent Usoro and his company, Miden Systems Limited, have been linked to an
unlawful protest staged on Wednesday, October 8, 2025, at the Central Business District
in Abuja.
A group of individuals claiming to represent a coalition of civil society organizations
obstructed access to a Sterling Bank branch, chanting false allegations and distributing
fabricated petitions designed to mislead the public about an ongoing legal matter.
There is also an existing Federal High Court order, which expressly prohibits Miden
Systems and its affiliates from taking any steps or actions relating to the dispute with the
Bank.
The intention was unmistakable: to weaponise misinformation and public theatrics in an
attempt to intimidate the Bank and distort a matter already conclusively determined
by the courts. The disturbance was swiftly contained by security agencies, and normal
operations resumed almost immediately. At no point were customers, staff, or Bank
property at risk.
“This reckless and contemptuous behavior by individuals who cited Dr. Usoro’s Miden
Systems as a key reason for the disruption is a direct affront to the rule of law,”
said Michael Boniface, Chief Security Officer of Sterling Bank. “The Bank has maintained
full restraint despite repeated provocation and will once again escalate this violation
to law enforcement authorities for investigation and prosecution.”
Sterling Bank had previously petitioned the Inspector-General of Police, presenting
detailed evidence of Miden Systems’and Dr. Usoro’s sustained pattern of deceit,
defiance of court orders, and attempts to mislead the public through false claims and
politically motivated interference. These petitions followed years of defaults on a vessel
lease facility originally granted and later restructured multiple times to accommodate
the debtor’s inability to repay.
In 2021, the Federal High Court issued a Mareva injunction against Dr.Usoro and Miden
Systems after repeated defaults, culminating in a consent judgment that confirmed the
Date: 09-10-25
Abuja, Nigeria: In what appears to be yet another desperate attempt to evade
repayment of long-outstanding debts upheld by multiple court judgments, Dr. Brendan
Innocent Usoro and his company, Miden Systems Limited, have been linked to an
unlawful protest staged on Wednesday, October 8, 2025, at the Central Business District
in Abuja.
A group of individuals claiming to represent a coalition of civil society organizations
obstructed access to a Sterling Bank branch, chanting false allegations and distributing
fabricated petitions designed to mislead the public about an ongoing legal matter.
There is also an existing Federal High Court order, which expressly prohibits Miden
Systems and its affiliates from taking any steps or actions relating to the dispute with the
Bank.
The intention was unmistakable: to weaponise misinformation and public theatrics in an
attempt to intimidate the Bank and distort a matter already conclusively determined
by the courts. The disturbance was swiftly contained by security agencies, and normal
operations resumed almost immediately. At no point were customers, staff, or Bank
property at risk.
“This reckless and contemptuous behavior by individuals who cited Dr. Usoro’s Miden
Systems as a key reason for the disruption is a direct affront to the rule of law,”
said Michael Boniface, Chief Security Officer of Sterling Bank. “The Bank has maintained
full restraint despite repeated provocation and will once again escalate this violation
to law enforcement authorities for investigation and prosecution.”
Sterling Bank had previously petitioned the Inspector-General of Police, presenting
detailed evidence of Miden Systems’and Dr. Usoro’s sustained pattern of deceit,
defiance of court orders, and attempts to mislead the public through false claims and
politically motivated interference. These petitions followed years of defaults on a vessel
lease facility originally granted and later restructured multiple times to accommodate
the debtor’s inability to repay.
In 2021, the Federal High Court issued a Mareva injunction against Dr.Usoro and Miden
Systems after repeated defaults, culminating in a consent judgment that confirmed the
LINKS
- VENO tv: ENTERTAINMENT CÉLINE DION RETURNS TO STAGE AFTER SIX YEARS- VENO tv: FOREIGN NEWS TRUMP: AMERICA WILL NEVER FORGET VICTIMS OF 9/11 ATTACKS, 25 YEARS AFTER
- VENOtv POLITICS HEROIC WELCOME AS UDOEDEHE ARRIVES UYO AHEAD OF ADC 2027 CAMPAIGNS
- VENO tv: BUSINESS INVEST IN NIGERIA’S FUTURE: SUBSCRIBE TO DANGOTE REFINERY IPO THROUGH FIRSTBANK
- VENO tv: FROM THE PULPIT “DON’T LET YOUR ACHIEVEMENTS LIFT YOUR SHOULDERS IN PRIDE” — OMO OBA JESU DECLARES
- VENO tv: ENTERTAINMENT FAST-RISING ACTRESS PEJU AJIBOYE OPENS UP ON HER JOURNEY, LATEST MOVIE OJA EMI
- VENO TV FEATURE WHY YOU SHOULDN’T MISS FIRSTBANK’S AGRIC AND EXPORT EXPO 2026
- VENO tv: HOSPITALITY AMBER HOSPITALITY LAUNCHES IN LAGOS “Amber Feels Like Family”
- VENO tv FOREIGN NEWS CARGO PLANE CRASHES AT MIAMI AIRPORT Five Killed As Investigation Continues
- VENO tv Business FirstBank Empowers SMEs with Practical Sales Strategies at Upcoming SMEConnect Webinar
- VENO tv | AROUND TOWN ADELEKE JETS OUT ON VACATION, ORDERS PROBE INTO KOKA OBASHIP DISPUTE
- FROM THE PULPIT SUNDAY TONIC TURN BACK TO GOD AS SOON AS POSSIBLE — Pastor Princess Venisa Ojo a.k.a Omo Oba Jesu
- VENO TV: AROUND TOWN OBI, KWANKWASO JOIN AMAECHI FAMILY FOR MOTHER’S FUNERAL EVENTS
- VENO TV FOREIGN NEWS:IRAN–US WAR ESCALATES: WEDDING STRIKE VICTIMS BURIED AS TEHRAN RETALIATES
- VENO TV FOREIGN NEWS U.S. MINT RELEASES NEW $1 COIN FEATURING PRESIDENT TRUMP
- VENO TV: CJPAN MOURNS MEDIA ICON, SOLKEM …Says His Passion for Journalism, Excellence and Recognition of Outstanding Nigerians Will Remain an Enduring Legacy
- VENO TV: FEATURE OGOGO’S DEATH: ILARO CHIEF IMAM — AN EXEMPLARY LEADER
- VENO TV: POLITICS 2027: “SUBSIDY IS GONE” VS “SUBSIDY WILL RETURN” Tinubu: “Subsidy is gone.” Atiku Abubakar: “I will restore subsidy.”
- VENO TV EDITORIAL AS PRESIDENT TINUBU BEGINS THREE-WEEK EUROPE VACATION Shettima Was Away in Angola — What a Country!
- VENO tv: ENTERTAINMENT REGINA DANIELS REPORTEDLY RETURNS TO NED NWOKO’S MATRIMONIAL HOME
Page 1 of 68 [Next] [Last Page]
