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Why banks cannot lift order defreezing GHL’s accounts
FirstBank has appealed the Federal High Court judgement that lifted the order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders.
In a statement issued by the bank on Sunday, it warned other banks to be cautious in complying with the ruling of Justice Deinde Dipeolu, disclosing that it has appealed the discharge of the ruling and that the decision of the banks to comply with the ruling was premature.
The statement read, “Our attention has been drawn to recent media reports suggesting that some banks have begun complying with the ruling of Honourable Justice Deinde Dipeolu of the Federal High Court, Lagos, which lifted the Mareva order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders. We would like to state that such action is premature, as the necessary steps for banks and stakeholders to comply with the court’s decision have not yet been completed.
“Notwithstanding the above, FirstBank has also appealed against the discharge of the Mareva order and applied for an injunction and/or suspension of the discharge order pending the determination of the appeal. In view of the pending appeal and motion for injunction, banks are expected to maintain the status quo.
FirstBank remains committed to protecting the interests of its shareholders, depositors, and stakeholders. We will continue to pursue all available legal avenues to recover un-serviced debts from debtors, ensuring that those who have defaulted on their obligations are held accountable.
“We wish to seize this medium to assure all our valued stakeholders that FirstBank remains strong, stable, and fully committed to resolving this issue in line with the provisions of the law. We are actively addressing all matters at hand with transparency and diligence while remaining focused.”
Justice Dipeolu on Wednesday vacated an ex parte Mareva injunction that froze the assets of General Hydrocarbons Limited, a Nigerian oil and gas services company, in connection with a disputed $225.8m loan debt, holding that the injunction violated an existing order from a court of concurrent jurisdiction.
GHL disclosed that banks have begun to comply with the order following the court pronouncement.
The Commissioner of Police Force Provost Marshal, Force Headquarters, CP. Olusegun Eyitayo Omosanyin, has ordered the eviction of adults from the Dei Dei Police Barracks in Abuja.
This directive was issued amid concerns about brigandage in the barracks.
A statement signed by Omosanyin described the criminal activities occurring in the barracks as alarming.
He, therefore, directed that all adults that are 18 years and above excluding serving policemen and their spouses should vacate the barracks immediately.
The police issued a 14-day notice which took effect from Thursday, January 30, 2025.
The statement read, “The Commissioner of Police Force Provost Marshal, Force Headquarters Abuja has directed that incessant cases of criminal activities being recorded within the neighbourhood of the MD Abubakar barrack is alarming.
“Henceforth all adults from eighteen (18) years and above excluding serving policemen and their spouses should vacate the barrack immediately.
“You are issued a fourteen days notice to vacate the quarters. This takes effect from today 30th January, 2025 to February 13th 2025 to vacate the barracks. Those who violate this order will be seriously dealt with.”
A bricklayer, Enoch Ganogbe, has developed hypertension after his daughter, Abigail Ganogbe, and granddaughter, Yenukunme Ajovi, went missing.
He said Abigail and Ajovi have been missing since January 2015.
It was gathered that it could not be ascertained whether they were abducted or disappeared in the Badagry Local Government Area of Lagos State.
Speaking with The PUNCH, Enoch lamented that their disappearance had taken a toll on him, causing him a lot of stress. He added that the situation made him developed hypertension.
“Sometimes, I worry about how much this is affecting my health. I just pray it doesn’t end up taking my life,” he said.
The worried father said her daughter supported him and had always been there for him.
“She was helping out in so many ways. She’s a really good person and does a lot for me. I haven’t felt any joy or peace since she went missing. I’ve searched everywhere and asked everyone I could, but nothing has led me to her. At this point, I can only leave it in God’s hands, hoping that someday, I’ll find her,” he lamented.
Enoch stressed that before their disappearance, his daughter had a disagreement with her husband, “but we were able to help resolve that”.
READ ALSO: Police Arrest 28-year-old Man For Impersonation, Theft In Ogun
He said, “My daughter’s husband reported her disappearance to the police, but there has been no progress. Since then, my life hasn’t been the same.”
Abigail’s husband, Noah Ajovi, described his wife and daughter’s disappearance as a big loss and disaster.
He stated that he had been with the victim since 2007 before they got married in 2011.
“I spent 10 years of my life with her, and she disappeared with the only daughter she has with me. I did a registry with her. I didn’t just meet her on the street and impregnate her. All I want now is my daughter. If I see my daughter, I’ll be happy that what I spent 10 years of my life on still exists,” Ajovi explained.
The husband further explained that, “She left home in January 2015, and I was travelling at that time. Whenever we have issues, she always leaves the house.
“We haven’t seen her since she left the last time. I reported the issue at the police station. We’re not sure if they were kidnapped.”
Meanwhile, efforts to reach the Lagos State Police Public Relations Officer, Benjamin Hundeyin, proved abortive.
(PUNCH)
President Donald Trump on Sunday called again for Canada to become a US state, heightening tensions further with one of his country’s closest allies after hitting it with heavy tariffs.
While claiming the United States pays “hundreds of billions of dollars to SUBSIDIZE Canada,” apparently referring to the US trade deficit with its neighbor, Trump said “without this massive subsidy, Canada ceases to exist as a viable Country.”
“Therefore, Canada should become our Cherished 51st State,” he wrote on his Truth social media platform, claiming the move would bring “much lower taxes, and far better military protection for the people of Canada – AND NO TARIFFS!”
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