A Federal High Court, Abuja, on Friday, ordered that the salary accounts of Benue State workers be unfrozen, following a plea by the state government over inability to pay workers’ salaries.Justice Inyang Ekwo gave the order after the application for lease of salary accounts and verifying affidavit was moved by counsel to the state government, Terkura Pepe, SAN.The salary accounts to be unfrozen are domiciled in Fidelity Bank Plc, United Bank for Africa (UBA) and Access Bank Plc. The News Agency of Nigeria (NAN) reports that Justice Ekwo had, on…
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4 banks complied with order on freezing Benue govt accounts -AMCON tells court
Four commercial banks in the country have complied with the order of a Federal Hig Court, Abuja, directing the freezing of all bank accounts of Benue Government. The four banks include First City Monument Bank Plc, Standard Charterred Bank Ngeria, Suntrust Bank Nigeria Ltd, and Wema Bank Plc. Counsel to the Asset Management Corporation of Nigeria (AMCON), Ogechukwu Okeke, on Tuesday, told the presiding judge, Justice Inyang Ekwo, when she presented the report on compliance to court order. The News Agency of Nigeria (NAN) reports that Justice Ekwo had, on…
Read MoreCourt freezes bank accounts of Benue govt, firm over failure to pay back loan
A Federal High Court, Abuja has made an interim order, freezing all bank accounts of Benue State Government maintained in some banks in the country following its inability to pay back N333 million loan borrowed in 2008. Justice Inyang Ekwo, who gave the order following an ex-parte motion brought by the Asset Management Corporation of Nigeria (AMCON), also directed that the bank accounts of HPPS Multilink Services Ltd be frozen pending the hearing and the determination of the substantive suit. The News Agency of Nigeria (NAN) reports that while AMCON…
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