Court Freezes Oyo Government's Accounts In 10 Banks

Posted by Amarachi on Tue 19th Dec, 2023 - tori.ng

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.

Gov Seyi Makinde

An order freezing 10 bank accounts belonging to the Oyo state government has been issued by a High Court in the Federal Capital Territory (FCT), Abuja.

Justice A. O. Ebong gave the order in a ruling on a proceeding initiated by ex-council chiefs in Oyo state, sacked on May 29, 2019 by Governor Seyi Makinde, and who in 2021 got a N4,874,889,425.60 judgment against Makinde and other officials/agencies of the state.

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.

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.
 

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