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Court freezes Oyo govt’s accounts over alleged multi-billion Naira debt

An Abuja High Court has issued an order attaching funds standing to the credit of Governor Seyi Makinde’s government and state agencies in four banks.

Justice A.O. Ebong issued the order while ruling on a motion ex-parte for garnishee order nisi filed by former chairmen and Councilors led by Bashorun Majeed, Bosun Ajuwon and Idris Okusesi.

The banks are First Bank, United Bank for Africa (UBA), Wema Bank and Zenith Bank.

Justice Ebong ordered the banks to show cause why the order nisi should not be made absolute.

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The ruling on the motion marked FCT/HC/BW/M/238/2023, was delivered by the judge on March 2 and a certified true copy (CTC) sighted on Sunday in Abuja.

The funds, according to court filings, are to settle the outstanding balance of N3,374,889,425.60 from the judgment debt owed some former local government chairmen and Councilors sacked on May 29, 2019 before the end of their tenure by Governor Makinde.

The garnishee proceeding, initiated for the chairmen and Councilors by their lawyer, Musibau Adetunbi, is in execution of a judgment they got against the governor and six others from the Supreme Court on May 7, 2021.

“A garnishee order nisi is hereby granted to attach the judgment debtors’ accounts with garnishees numbers one to four in the motion ex-parte, for the purpose of settling the judgment debt outstanding in the sum of N3,374,889,425.60 as awarded by the Supreme Court and conceded by the judgment debtors in Exhibit 11 attached to the applicant’s motion,” said the court ruling.

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It added, “The garnishees (first to fourth) shall file affidavits and attend court on the next adjourned date to show cause why the order nisi should not be made absolute. A copy of this order nisi shall be served on the judgment debtors as required by law. This matter is hereby adjourned to the 4/4/2023 for continuation.”

It was gathered that the judgment creditors have since effected service of copies of the order on the judgment debtors as ordered by the court.

Listed as judgment debtor with Governor Makinde were Oyo State Attorney-General, the Commissioner for Local Government and Chieftaincy Affairs, the state’s Accountant-General, the House of Assembly, the Speaker of the Assembly and the Oyo State Independent Electoral Commission (OYSIEC).

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