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Debt recoveries

Debt recoveries

Owing to the nascent and/or fledging of our credit bureau, some borrowers have constituted themselves into a cartel that only borrows money from the banks and other corporate financial entities without the intent to pay back. We have deployed certain multi-faceted approach which includes persuasion, negotiation, etc. to apply pressure- from subtle pressure to real pressure in order to ensure that our clients debts are recovered. We have in some cases resorted to litigation as the last resort unless when it is necessary as a means of exerting subtle pressure in order to facilitate fruitful negotiation/resolution. Financial institutions who are our clients have benefitted immensely from this diversity of approach usually employed by Silk Partners.



Of major challenge to the Nigerian Prisons Service today is congestion as various strategies have been put in place to remedy the situation. On many occasions prisoners have been gifted freedom while serving jail terms or awaiting trial. This freedom is often determined by the chief executive or judicial officer of the state; sometimes by state governors, chief justices or even the president of the country.

The grant of pardon to a convict is a right recognized under the 1999 constitution of Nigeria (as amended)(see sections 212(1) and 175(1) & (2) of the Constitution). It is legally accessible and available to all classes of convicts and is obtainable by a convict applying either personally or through a solicitor, or even through the prison authority where he or she is incarcerated, to a governor or the president as the case may be for grant of prerogative of mercy or pardon, in his favour.

Most times deserving convicts do not have the luxury of access to the right channel. Some are not convicts but detainees awaiting trails that never happen. This category of individuals tended to overstay the term of imprisonment meant for the offence had they been tried and convicted for the offence(s) accused of. Our criminal law team is astute, supportive and highly sophisticated, particularly known for our skill in providing strategic, sensible and practical criminal law advice. We have built a good working relationship with the authorities which enables us to make recommendation for deserving in-mates to be released under this constitutional exercise of executive or judicial powers. We also act as a tireless advocate, leaving no stone unturned in an effort to make the case against any charge. In addition, we negotiate plea agreements with prosecutors, work to have death sentences converted into life imprisonment and appeal cases to higher courts, where appropriate.