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Court Freezes Oyo Govt Accounts In 10 Banks

by Present Nigeria
December 18, 2023
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A High Court in the Federal Capital Territory (FCT), Abuja, has issued an order freezing 10 bank accounts belonging to Oyo state government. 

Justice A. O. Ebong gave the order in a ruling on a proceeding initiated by Fmr local government chairmen in Oyo state.

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The council chiefs who were sacked on May 29, 2019 by Governor Seyi Makinde in 2021 got a N4,874,889,425.60 judgment against Makinde and other officials/agencies of the state.

The judge who also awarded N300,000.00 as cost against the judgment debtors; ordered that a copy of the order be served on Makinde and others and adjourned till January 5 next year for hearing.

The banks in which the Oyo State Government’s accounts are frozen are Zenith Bank, United Bank of Africa (UBA), Wema Bank, First Bank of Nigeria, Ecobank, Guaranty Trust Bank, Access Bank, Polaris Bank, Jaiz Bank and Union Bank.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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