Court freezes assets linked to Capital Trust Investments over N6.2b debt

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Capital Trust Investments,Seyi Oke

Justice Nnamdi Dimgba of a Federal High Court sitting in Lagos State has restrained commercial banks in Nigeria from

releasing any money or asset due to Capital Trust Investments and Asset Management Limited and its alter ego, Seyi Oke, from any account. releasing any money or asset due to Capital Trust Investments and Asset Management Limited and its alter ego, Seyi Oke, from any account.

The counsel told the court that the plaintiffs’ application was supported with a 36-paragraph affidavit, a written address and exhibits. He said the indebtedness culminated from the Irrevocable Standing Payment Order issued by the Sokoto State Government and the undertaking by Access Bank Plc to make all payments directly to the plaintiffs/applicants’ designated accounts in favour of the noteholders, pending the hearing and determination of the suit.

releasing any money or asset due to Capital Trust Investments and Asset Management Limited and its alter ego, Seyi Oke, from any account. The Cross River State House of Assembly Speaker, Elvert Anyambem, has been impeached. The impeachment, which occurred during plenary in the early hours of yesterday, followed a motion of urgent public interest moved by the member representing Calabar South

 

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