HAUSA NEWS
YORUBA NEWS
IGBO NEWS

POPULAR THIS WEEK

No Content Available
FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Wednesday, May 21, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE
[adinserter block="17"]

N333m loan: Court unfreezes Benue salary accounts

Sodiq Lawal Chocomilo by Sodiq Lawal Chocomilo
November 6, 2021
in Local News
Reading Time: 2 mins read
A A
0

A federal high court sitting in Abuja has directed that the salary accounts of Benue state be unfrozen, following a plea by the government over inability to pay workers’ salaries.

The directive was given on Friday by the presiding judge, Inyang Ekwo after an application was moved by Terkura Pepe, counsel to the state government.

The salary accounts to be unfrozen are domiciled in Fidelity Bank Plc, United Bank for Africa (UBA) and Access Bank Plc.

Recall that the court had on October 27 made an interim order freezing the bank accounts of the Benue state government over its involvement in securing a “N333 million loan” in 2008.

READ ALSO

VeryDarkMan traumatized after being beaten, blindfolded, arrested at gunpoint – Deji Adeyanju

Ibadan Stampede: Court strikes out murder charges against ex-Ooni’s wife, Oriyomi Hamzat

Police deploy taskforce to enforce motorcycle ban in restricted areas in Adamawa

Troops eliminates 31 bandits, destroys camps in Katsina

The order was given following an ex-parte motion brought by the Asset Management Corporation of Nigeria (AMCON).

The judge had also directed that the bank accounts of HPPS Multilink Services Ltd, a firm, be frozen pending the hearing and the determination of the substantive suit.

While AMCON is the claimant, the company and the state government are first and second respondents, respectively.

The ex-parte motion, in suit number: FHC/ABJ/AMC/74/2021 dated and filed on September 30, was moved by Darlington Ozurumba, counsel to AMCON.

In the affidavits in support of the suit, AMCON told the court that the first respondent (the firm), which has its office in Kaduna state, had collected a N333 million loan facility from Bank PHB Plc (now Keystone Bank Ltd) on January 31, 2008 “for the purpose of purchasing 5,000 pieces of motorcycles to the 2nd defendant and its workers through the Nigeria Labour Congress of its state vide an irrevocable standing payment order (ISPO)”.

But at the court session on Thursday, Terkura Pepe, counsel to the Benue government, asked for the interim order to be set aside because it has incapacitated the state.

According to NAN, at the resumed sitting on Friday, the judge granted the reliefs sought by Benue government, and directed that the order should be complied with within 14 days, after which a refreezing order would be issued if the matter has not been resolved by the parties involved in the suit.

Ekwo also directed the applicant to engage AMCON with a view to resolving the matter.

The matter has been adjourned till November 22 for mention.

Discussion about this post

ADVERTISEMENT

LATEST

Scandal in Senate: Ezekwesili and getting caught in the web of sexual harassment imbroglio

May 9, 2025
A customer hands over bundles of 1000 Naira banknotes to a trader inside a market in Lagos, Nigeria, on Friday, April 22, 2022. Choked supply chains, partly due to Russias invasion of Ukraine, and an almost 100% increase in gasoline prices this year, are placing upward price pressures on Africas largest economy. Photographer: Damilola Onafuwa/Bloomberg via Getty Images

Naira abuse: EFCC and selective enforcement of a law

May 9, 2025

2025 UTME Result: Our criminal neglect of education and aversion to excellence.

May 9, 2025

VeryDarkMan traumatized after being beaten, blindfolded, arrested at gunpoint – Deji Adeyanju

May 3, 2025

Ibadan Stampede: Court strikes out murder charges against ex-Ooni’s wife, Oriyomi Hamzat

March 20, 2025
House of Representatives

BREAKING: Despite public outrage, senate, reps ratify Tinubu’s State of Emergency in Rivers

March 20, 2025
Load More
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName