Zenith Bank drags Stallion Group’s founder, Vaswani to court over alleged N23.3bn debt

Zenith Bank Plc has dragged the chairman chief executive officer of Stallion Groups of Companies, Mr. Sunil Vaswani before an Igbosere High Court of Lagos State, Nigeria, over alleged unpaid N23, 388, 188, 756. 049 billion debt. Zenith Bank alleged that the suit marked LD/3945GCMW/2020, against Mr. Vaswani, is pursuant to Order 5 Rules 4 of the High Court (Civil Procedure Rules 2009 and under the court’s inherent jurisdiction, was filed due his failure and refusal to pay the alleged debt despite several and repeated demands. Consequently, Zenith Bank Plc…

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