Wale Igbintade Justice Akintayo Aluko of the Federal High Court, in Lagos has ordered 27 commercial banks in the country, to placed Post-No-Debit (PND) on the accounts of a tourism
Justice Akintayo Aluko of the Federal High Court, in Lagos has ordered 27 commercial banks in the country, to placed Post-No-Debit on the accounts of a tourism company, ‘La Campagne Tropicana Beach Resort’ over alleged N46, 798, 095.94 .
The Applicant had dragged the tourism company and its promoter, Dr. Olawale Akinboye, listed as first and second defendants in the suit, before the court in a bid to recover alleged unpaid debt of N46, 798, 095.94 “A Post No Debit Order over funds/monies ir any accounts linked to the Bank Verification Number {BVN} of the first and second defendants with the bank: listed above to the tune of N46, 798, 095.94 , pending the hearing and final determination of the Motion on Notice filed alongside herewith.
Ruling on the Exparte motion application, Justice Aluko held “the court having heard G.C.Duru, Esq., who moved in terms praying it to grant the reliefs sought as endorsed on the motion paper. “That a Post No Debit order over funds/monies in any accounts linked to the Bank Verification Numbers {BVN} of the first and second Defendants with the banks listed above to the tune of N46, 798, 095.94, pending the hearing and final determination of the Motion on Notice filed alongside herewith is hereby granted.
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