Wednesday, August 17, 2022

FCT High Court seals up Abuja Firstbank Headquarters

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Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via [email protected], or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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The headquarters of Firstbank located at the Central Business District, Abuja, had been sealed up by the FCT High Court Enforcement Unit over failure to comply with a garnishee order.

A garnishee order is one of the options open to a judgment creditor to enforce a judgment that has been made in his favour.

It is a common way of enforcing a judgment debt and is solely used to enforce monetary judgments against a debtor to recover money.

The News Agency of Nigeria reports that officials of the FCT High Court Enforcement Unit stormed the bank (Coomasie) with towing vans and cranes and towed some of its valuables.

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Items carted away included stand-by generators, Hilux vans and air conditioners among other valuables.

Officials of FCT High Court Enforcement Unit towing an Hilux Van belonging to Firstbank.

An official of the court, who spoke to NAN on grounds of anonymity said, “ it is a long story, but it is all about a garnishee order against the bank which it didn’t comply with’’.

Efforts to get the head of the unit and the bank`s officials to speak on the development proved abortive.

Some staff of the bank while reacting to the development, described it as embarrassing, saying it could had been handled differently.

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NAN also made efforts to get the banks Headquarters in Lagos to react to the development, but to no avail as calls and text messages put across to the cell phone of an official in the Communications Unit of the bank were not responded to.

Most of the bank`s customers were seen in groups hanging outside the bank’s premises.

NAN

sun news today

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