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
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