Friday, July 1, 2022

Benue govt Zenith Bank account remains frozen: Court

The Assets Management Corporation of Nigeria is the claimant in the case, HPPS Multilinks Services Ltd and the Benue government are first and second respondents.

• February 2, 2022
Samuel Ortom/Zenith Bank
Samuel Ortom/Zenith Bank

The Abuja Division of the Federal High Court has ordered the unfreezing of all accounts belonging to the Governor Samuel Ortom-led Benue government except one domiciled in Zenith Bank.

Justice Inyang Ekwo gave the order after the adoption of a Memorandum of Undertaking (MOU) by lawyers representing parties in the suit. The MoU dated January 25 and filed on January 26 was adopted on February 1.

While the Assets Management Corporation of Nigeria is the claimant/applicant in the case, HPPS Multilinks Services Ltd and the Benue government are first and second respondents.

T.D Pepe (SAN) adopted the MoU on behalf of the Benue government, and Val Igboanusi adopted it on behalf of the plaintiff. A. T Kehinde (SAN) adopted for Fidelity Bank Plc, and C. O. Nwosisi did for GTBank Plc and counsel for the other banks also adopted on behalf of their clients.

Mr Ekwo subsequently ordered that Zenith, with account No. 1013470079 designated as Benue Government Ecological Account, remain frozen in the sum of the disputed debt vide interim order of the court pending the determination of the case.

He, however, ordered the unfreezing of all Benue government accounts with Access Bank Plc, Citibank Nigeria Ltd, Ecobank Nigeria Ltd, Fidelity Bank Plc, First City Monument Bank Plc, Guaranty Trust Bank Plc and Heritage Bank Pic. Others are Keystone Bank Ltd, Polaris Bank Ltd, Stanbic IBTC Bank Plc, Standard Chartered Bank Ltd, Suntrust Bank Nigeria Ltd, Union Bank of Nigeria Plc, UBA Plc, Unity Bank Nigeria Plc and Wema Bank Plc.

The judge adjourned the matter until March 2 for a report on the order.

“Pursuant to discussions and agreement by the parties, all other accounts of the Benue government frozen by this court vide interim order of October 26, 2021, are to be unfrozen while Account No. 1013470079 with Zenith Bank Plc, designated Benue Government Ecological Account shall remain frozen in the sum of the disputed debt, pending the determination or resolution of the dispute,” he stated.

The judge had, upon an ex parte application dated and filed on September 30, 2021, made an interim order freezing and attaching the accounts of both HPPS Multilinks Services Ltd and Benue government domiciled in the mentioned banks.


We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Funke Akindele


Funke Akindele offered Oscars membership 

The star is amongst 397 artists and executives invited by the organisation for its membership selection.

The Ekwerenmadus and David Ukpo


JUST IN: Court orders NIMC, others to release David Ukpo’s biodata to Ekweremadu

The request follows the arrest of the couple on June 23 in the UK over allegations that they conspired to illegally harvest the organ of the reportedly underaged David.

Benedict Oramah and Afreximbank


Afreximbank admits Algeria as 52nd member

Afreximbank member states rose from 38 in 2015 to 51 in 2021, with Algeria’s accession, the bank is only three states short of achieving full continental coverage.

John Lee and Xi Jinping


New leader sworn in on Hong Kong’s 25th anniversary of British handover

Hong Kong’s new chief executive John Lee was sworn in on Friday, as part of celebrations marking 25 years since the territory’s return from Britain to China.



Twelve African countries reported 1,782 monkeypox cases: Africa CDC

Africa Centres for Disease Control and Prevention (Africa CDC) on Friday disclosed that 12 African countries have so far reported 1,782 cases of monkeypox.


Untreated malaria may cause mental problem, expert warns

According to the World Malaria Report by the WHO, there were 241 million malaria cases and 627,000 malaria deaths worldwide in 2020.