N46.7M DEBT: COURT FREEZES LA CAMPAGNE TROPICANA’S ACCOUNTS IN 27 BANKS

Twenty seven commercial banks in the country have been ordered by the Federal High Court, in Lagos to placed Post-No-Debit (PND) on the accounts of a tourism company, ‘La Campagne Tropicana Beach Resort’ over alleged N46, 798, 095.94. Justice Akintayo Aluko made the order of Mareva injunction on May 17, 2023, while granting an Exparte motion marked FHC/L/CS/746/2023, filed and argued by Barrister George C. Duru, on behalf of Ecobank Nigeria Limited and ETI Specialized Resolution Company Limited The Court ordered the affected banks to comply with the order. The…

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