Tag: Accounts
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Court freezes 32 bank accounts linked to #EndBadGovernance Protest
A Federal High Court in Abuja has frozen the bank accounts of 32 individuals and companies’ linked to the 10-day #EndBadGovernance Protest organised across the country pending investigation and prosecution of the case. Justice Emeka Nwite, in a ruling on the ex-parte motion moved by counsel for the Inspector-
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![Fx crisis: Court permits EFCC to freeze 1,146 individuals, coys accounts [See affected accounts]](https://thenewsguru.ng/wp-content/uploads/2022/01/High-Court.jpg)
Fx crisis: Court permits EFCC to freeze 1,146 individuals, coys accounts [See affected accounts]
A Federal High Court, Abuja has granted an interim order sought by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1, 146 bank accounts belonging to individuals and companies over allegations bordering on unauthorised dealing in foreign exchange, among others. According to reports, other offences being investigated by the EFCC bordered on…
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Benue uncovers 600 govt bank accounts
The Benue Government, says it discovered over 600 banks accounts operated by the immediate past administration. The State Commissioner for Finance and Budget Planning, Mr. Michael Oglegba, said this was contrary
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Nasarawa State Assembly directs Executive to remit 10% of IGR to LG accounts monthly
Nasarawa State House of Assembly has directed the Executive arm of government to allocate 10 per cent of Internally Generated Revenue to the Local Government Joint Accounts monthly as required by law. This, it said, is for speedy development at the grassroots.
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Paris Club: Court stops FG from deducting $418m from 36 states’ accounts
The Federal High Court in Abuja has stopped the Federal Government from executing its plan to deduct $418 million from the bank account of the 36 states of the Federation. Justice Inyang Ekwo issued a restraining order against the Federal Government on Friday following an ex parte application brought by the counsels to the 36…
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Court orders CBN to temporarily unfreeze accounts of two fintech companies
The Federal High Court, Abuja, on Tuesday, granted the request of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd., to partially vary the freezing order made against them.
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Igboho approaches court for order restraining FG from blocking his accounts
Embattled Yoruba nation agitator Chief Sunday Adeyemo aka Sunday Adeyemo will on Wednesday seek an order restraining the Federal Government from further blocking his bank accounts. The request is contained in an order of interim injunction to be moved by his lawyers at an Oyo State High Court. The injunction will seek an order restraining…
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Court orders freezing of Shell’s accounts in 20 Nigerian banks
In a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted from AITEO Eastern E & P Company Ltd., a Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria…
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Supreme Court rejects request to unfreeze Abacha’s accounts in UK, Switzerland, others
The Supreme Court has declined the request by a brother to the late Head of State, Sani Abacha, Alhaji Ali Abacha, to unfreeze the accounts traced to him and relatives of the late Abacha in the United Kingdom, Switzerland, Jersey, Liechtenstein and Luxembourg. In a unanimous judgment on Friday, a five-man panel of the court,…