Court Seals Four Banks In Imo Over Okorocha’s Refusal To Pay Ohakim His Entitlements As Ex-Governor

Four banks were, on Wednesday morning, sealed in Owerri, the Imo State capital, over their failure to respect an order of the court issued in favour of a former governor of the state, Ikedi Ohakim; and against the incumbent governor, Rochas Okorocha.

The affected banks are Diamond on Item Street, First Bank PLC on Bank Road, United Bank for Africa on Mbari Street and Union Bank on Bank Road.

When our correspondent visited the banks, staff and customers stood outside, as a red tape was used to seal the banks.

A notice of attachment from National Industrial Court in Owerri, dated November 6, 2018, which was pasted in front of the banks, indicated that the affected banks had failed to honour a garnishee order issued by the court against the banks.

An order for execution issued by Justice O.O. Arowosegbe, which was on display on the banks, states: “An order granting leave to issue writ of execution of the order of this honourable court made in this suit on February 23, 2018, against, second, third, sixth and seventh garnishees, that is Diamond Bank, First Bank, United Bank for Africa and Union Bank PLC, respectively.”

A document of a court judgment on display at one of the banks on Mbari Street informed that judgment mandated the affected banks to pay the plaintiff his claims from Imo State Government accounts domiciled with the banks, which they had so far refused to do.

The judgment was dated February 23, 2018.

The judgment partly reads, “Order absolute is made against the fifth garnishee (Skye Bank) to the tune of N112,000,000.00 (N112m).”

“Order absolute to the tune of forty four million, seven hundred and ninety thousand, eight hundred and thirty one Naira, thirty four kobo (N44,790,831.34), is made against the sixth garnishee (UBA), less the minimum amount required to maintain the account.”

“Order absolute is made against the seventh garnishee (Union Bank ) to the total N8,824,240.72, less the minimum amount required to maintain the account.”

“The fourth garnishee is accordingly discharged.”

“In all, the degree absolute has been made on a cumulative total of N290,068,717.57. The total sum is to be paid over to this court vide the Chief Registrar, National Industrial Court of Nigeria within 14 days next.”

Our correspondent gathered that Ohakim had gone to court owing to the failure of his successor, Rochas Okorocha, to pay him his entitlements as a former governor of the state.

The court delivered judgment in favour of Ohakim on May 24, 2016, but Okorocha allegedly refused to honour the court judgment.

The ex governor again went to court to enforce the judgment against the state governor by asking the court to issue an order for banks where Imo State Government accounts are domiciled to pay him.

The court granted the request through a garnishee order on February 23, 2018, but the banks failed to pay the plaintiff.

Ohakim went back to the court to get an order for the sealing off of the affected banks until the entitlements are paid.

A bank staff who confirmed the development said, “Our branch has been sealed by the court.

“There is a garnishee order in a case involving former Governor Ikedi Ohakim and Governor Rochas Okorocha ordering us to honour a court judgment, but our bank did not obey court rule.”