Connect with us

NEWS

Court Unfreezes Delta State’s Paris-Club Bank Account

Published

on

A Federal Capital Territory High Court sitting in Maitama, Wednesday, vacated an earlier ex-parte order freezing the Paris Club Refund Account of Delta State Government over consultancy row with Mauritz Walton Nig. Ltd.

Before unfreezing the account, Justice Yusuf Halilu, the trial Judge, held that the issue of territorial competence of the court which Alex Izinyon (SAN), counsel for the Delta State Government, had raised on the last adjourned date, must be resolved first, considering that it is fundamental to the case, TheNewsguru had reported.

The Judge resolved the issue in favour of the plaintiff, Mauritz Walton Nig. Ltd.

Justice Halilu added, “For intent and purpose, the job was to be carried in Abuja, the court has jurisdiction over the matter”, he ruled.

In vacating the court’s earlier order to froze the account domiciled with the Zenith Bank (3rd respondent), the court accepted the submission of Izinyon that there was ‘concealment of fact’ on the part of the plaintiff.

The Judge said: “I have gone through and read and read again (letter of disengagement of Mauritz Walton). I will not much dwell on that document for now until the main issue comes up.

Advertisement
Article Banner

“The question is would the court have granted the interim order of freezing the account? Ordinarily, it would not have matter whether the letter was presented before the court or not by the plaintiff.

“It is more reasonable and fair to vacate the order in view of the fact Izinyon drew my attention to the document which was concealed from the court by the plaintiff. It is fundamental to the matter. I hereby set aside the entry order”, he held.

Justice Halilu cautioned counsel to always present every fact before the court and leave it to determine the relevance of such documents.

The court thereafter adjourned till August 28 for the hearing of the substantive matter.

BigPen Online recalls that the FCT High Court froze the Delta State had frozen the Zenith Bank Plc. account of Delta state government, into which it received the refund of excess deductions on foreign loans and miscellaneous charges otherwise known as Paris-London Club Refund on alleged failure of the state government to pay consultancy fees to Mauritz Walton Nig. Ltd.

[Widget_Twitter id =”1″]

Advertisement
Article Banner
Continue Reading
Advertisement
Click to comment
COMMUNITY REPORT10 hours ago

Delta North: Okowa Hails Asagba of Asaba’s Two Years Of Service-Driven Leadership

FEATURED11 hours ago

Trans-Forcados Oil Spill: Oborevwori Orders Medical Teams, Cleanup as Affected Communities Rise to 216

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURED13 hours ago

Rufai’s Bail Fight Takes New Turn as Appeal Court Reserves Judgment

NIGER DELTA18 hours ago

DOPF 2026 Conference: Prof Dode Oghenedoro to Speak on Democracy Under Pressure in Asaba

FEATURED19 hours ago

NAF Releases Names of 25 Officers Killed in Ondo Plane Crash — Full List

COMMUNITY REPORT21 hours ago

WUEDA DG Ejinyere Hosts Warri NUJ, Seeks Partnership on Development Reporting, Project Verification

FEATURES22 hours ago

I Sleep, Eat Thinking About Tinubu’s Re-Election — Wike

FEATURED1 day ago

Tinubu Declares 3-Day National Mourning for 32 Air Force Personnel Killed in Ondo Plane Crash

BUSINESS1 day ago

Tennor Global Acquires 65% Stake in Alpha Energy International With $500 Million Funding for Oil Expansion

FEATURED2 days ago

Adeda: Delta Govt Vows Justice Will Prevail, Dismisses Cover-Up Fears

Defense and Security2 days ago

NAF ATR-42 Crashes in Ondo While on Benin-Lagos Mission

FEATURED2 days ago

JUST IN: Helicopter Crashes in Igbokoda, Ondo State, Several Feared Dead – Police Confirm

COMMUNITY REPORT2 days ago

Madam Felicia Idowu, Mother of THISDAY Correspondent, for Burial Oct 30 in Osogbo

secure number one position
FEATURES2 days ago

Rivers Police Rescue Kidnap Victim After ₦10.3m Ransom, Arrest Two Suspects

Omo-Agege
FEATURES2 days ago

Omo-Agege Condemns Sealing of Agbah’s Business Premises, Accuses Ughelli North Chairman of Tyranny

Advertisement
Advertisement

z

   


Article Banner