OPay Digital Services Limited is under legal scrutiny after Union Bank of Nigeria Plc initiated committal proceedings against six of its executives for alleged non-compliance with court orders. The Federal High Court in Lagos is handling the suit, numbered FHC/L/CS/629/2025, which targets Managing Director Gotring Dauda Wutrika and directors Wang Dan, Wen Mingxuan, Duyao Huang Simon, Ozoemena Chijioke, and Abass Rashidat Motunrayo. Union Bank accused the executives of "wilful and deliberate disobedience" of court directives issued between March and April 2025, including orders to restrict accounts tied to disputed transactions, disclose account details, and reverse specific funds. The bank filed the application under the Sheriff and Civil Process Act, citing a Form 49 notice that requires the individuals to explain why they should not be jailed for contempt. Despite being served, OPay allegedly failed to carry out the court's instructions, prompting Union Bank to seek custodial sentences. The case has drawn attention from financial sector observers, particularly regarding compliance standards in Nigeria's expanding digital payments industry. The Central Bank of Nigeria is expected to monitor the outcome closely as the legal process continues.
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