27 Sep 2016

TENSION In Imo As Appeal Court Freezes All State Bank Accounts...See Details

Gov. Rochas Okorocha
All the official bank accounts of Imo State Government, have been frozen and all monies domiciled in them have been confiscated by the order of the Court of Appeal sitting in Owerri, the Imo state capital.
According to a report by Vanguard, the appellate court equally ordered that the confiscated monies should be used to offset the sum of N1 billion owed E. F. Network Nigeria Limited and Gideon Egbuchulam. 
While delivering judgment, Justice Mbaba handed down the orders in an appeal filed by the Governor of Imo State, the Attorney General of Imo State, the Environmental Transformation Committee and the Ministry of Petroleum and Environment, Imo State. 
The appeal was sequel to the earlier judgments delivered by Hon. Justice Maryann Anenih of Maitama High Court, Abuja, and Hon. Justice Ijeoma Agugua, in suit numbers FCT/HC/M/9257/2016 and HU/538/2011, respectively. 
The appellants had prayed the Appeal Court to set aside the earlier judgments, which delivered judgment in favour of the contracting firm and Mr. Egbuchulam. 
No Imo state government official has officially commented on the judgment as at the time of filing this report.

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