Sunday, October 18, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Unpaid AMCON loan: Court orders Benue workers’ salary accounts to be unfrozen

Abdulah Wahab by Abdulah Wahab
November 5, 2021
in Breaking News, Legal, News
0
Ortom

Ortom

Share on FacebookShare on TwitterShare on Whatsapp

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.

Justice Ekwo had, on October 26, made an interim order, freezing all bank accounts of Benue State Government maintained in all the banks in the country following its inability to pay back N333 million loan borrowed in 2008.

The judge also made an interim order “freezing and attaching the JAAC Bank Accounts (Joint Accounts Allocation committee), Internal Generated Revenue Accounts, all bank accounts both current, savings, fixed deposits and/or investments accounts of the 2nd respondent (Benue  Government) maintained with all the banks mentioned above pending the hearing and determination of the substantive suit.”

Ekwo, who gave the order following an ex-parte motion brought by 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.

He further made an interim order, “restraining all banks and/or other financial institutions above mentioned in Nigeria forthwith from releasing or dealing in any manner howsoever with monies held in any account to which the respondents are signatories pending the hearing and determination of the substantive suit.

“An order is hereby made directing all banks and/or other financial institutions in Nigeria to, within seven days of the date of service of this order, file and serve an affidavit of compliance disclosing with statement on each account howsoever designated, held and/or maintained by the respondents and ail accounts to which the respondents are signatories for a period of sic months prior to the date of service of this order till date.”

While AMCON is the claimant, the company and the state government are 1st and 2nd respondents respectively.

Although the matter came up on Tuesday for the banks to show an affidavit of compliance with the order, Justice Ekwo had adjourned the matter until November 22.

However, Pere, on Thursday, told the court that there was need for the application to be heard expeditiously due to the urgency involved.

According to him, the Benue State Government has been completely shut down by the interim order of court.

When the matter was called, Pepe told the court that the application had been filed and hr urged the court to grant the prayers.

Justice Ekwo, who granted the reliefs sought by Benue State Government, ordered that the order should be complied with within 14 days, after which a refreezing order would be made should parties fail to resolve the matter.

He directed that the applicant should engage AMCON with a view to resolving the matter.

Ekwo then adjourned the matter until November 22 for mention.

The affected bank accounts frozen for the two respondents are domiciled in Access Bank Plc; Citibank Nigeria Limited; Eco Bank Nigeria Plc; Fidelity Bank Plc; First Bank Nigeria Plc; First City Monument Bank Plc and Guaranty Trust Bank Pic.

Others include those in Heritage Bank Plc; Keystone Bank Limited; Polaris Bank Limited; Stanbic IBTC Plc; Standard Chartered Bank Nigeria Limited; Sterling Bank Plc; Suntrust Bank Nigeria Limited; Union Bank of Nigeria Plc; United Bank for Africa Plc; Unity Bank Nigeria Plc; Wema Bank Plc and Zenith Bank Plc.

Tags: Unpaid AMCON loan: Court orders Benue workers’ salary accounts to be unfrozen
Share25Tweet16Send
Previous Post

MTN Nigeria gets CBN approval for MOMO Payment Service Bank

Next Post

Abiodun appoints Aigoro as Ogun Head of Service

Next Post
Abiodun signs anti-open grazing bill into law

Abiodun appoints Aigoro as Ogun Head of Service

Hameed Ali

Apapa Customs Command generates N86bn revenue in one month

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Injured Martinez taken to hospital as Chelsea defeat Everton

October 17, 2026

EPL: Halland scores twice in Ipswich win as Liverpool defeat 10-man Brentford

October 17, 2026

Iwobi secures Fulham’s first win of the season

October 17, 2026

Eaglets crash out of U-17 World Cup as Flamingos falter in Rabat

October 17, 2026
Topa Olusegun Peter

2027: Ogun PDP chief denies purchasing governorship nomination form; narrates how APC officials promised him money, car, appointment

October 17, 2026

Utomi Says Claims Anthony Kila Never Attended School Are Unfair

October 17, 2026

Experts Urge Investment, Spending Reforms to Drive Nigeria’s $1trn Economy Target

October 17, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.