The Port Harcourt Division of the Federal High Court, has ordered the Central Bank of Nigeria to commence deduction of over N40billion from the Federation Allocation Account, for Ebonyi State Government and remittance of same to a consulting firm.
“P.N. Zephaniah, Esq. of Counsel for the 1st Garnishee Respondent.
“And the Honourable Court having delivered its Ruling in the open court today, the 2nd day of November, 2022.
“An Order Absolute of this Honourable Court is hereby made DIRECTING the 1st Garnishee Bank to deduct at source, the sum of US29,854,856.9 Only and the sum of N30,100,000,000.00 Only , respectively from the monthly Federation Allocation Account of the Judgment Debtor, Ebonyi State Government and credit same into the designated Account of the 2nd Judgment Creditor, Mauritz Walton Nig Limited, Bank Name: Wema Bank, Bank Account: 0122765584, to liquidate the judgment sum in this suit.
“Issued at Port Harcourt, under the seal of the Court and the Hand of the Presiding Judge, this 2nd day of November, 2022.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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