metro

Bank accounts of seven businessmen accused of defrauding Fouani N1.4bn frozen

Bank accounts of seven businessmen accused of defrauding Fouani N1.4bn frozen

The Federal High Court in Lagos has placed a “Post No Debit” (PND) on the accounts of seven businessmen and four firms in eight banks pending investigation of how N1,426,100,430 was fraudulently transferred from an account of a Lebanese firm.

Justice Akintayo Aluko granted the order on August 20, 2024, sequel to a motion ex parte moved and argued by the Department of State Security (DSS), through its counsel Michael Bajela.

The order subsists for 90 days.

The complainant in the suit is Fouani Nigeria Limited while the respondents affected by the order and their bank details are: Haruna Adam Abubakar – 1709985717 (Access Bank), Anthony Godwill Ifeanyi – 1236732473 (Access Bank), Tochukwu Modestus Obodoefuna -1565420706 (Access Bank), M. Munzali Dara Worldwide Business 5601060742 (Fidelily Bank), Anthony Ifeanyi Electronic Trading 5420158002 (Keystone Bank), Kholobekian Joseph Mesrob 1016886802 (UBA), Izuchukwu Stanley Alaman Jo 2137303667 (UBA), A.S. Rano Lubricant Toll Inv. Ltd 1305567771 (Providus Bank), Obioma Emeka Daniel 1005922923 (FCMB), Esto World Mega Venture Resources 2004467010 (Globus Bank) and Mubarak Buhari 8066868814 (Opay).

The court thereafter adjourned further proceedings till November 22, for the report of compliance.

READ ALSO:

“Post No Debit” is a term used to describe a restriction imposed by banks on specific accounts, preventing customers from making withdrawals, transfers, or any other debits from their accounts.

In applying for the order, Mr. Bajela supported his application with a affidavit sworn by a DSS operative, Joshua Babalola.

Babalola averred that the Applicant (DSS) received a petition from the Nigeria Inter-Bank Settlement System Pic (NIBSS) with the heading “Request for investigation into unauthorized fund transfers on Fouani Nigeria Limited Account.”

The petition was dated 1st day of August, 2024, and signed by Richard Bello Chief Audit Executive & Olusola Odediran, Chief Information Security Officer.

“The petitioner claimed that the sum of (N1,426,100,430.00) was fraudulently transferred by the respondents from Fouani Nigeria Limited account number 0690342734 Access Bank, 0004018789 GTBank, 1010248929 Zenith Bank and 1004536508 (UBA Bank).

“The petitioners therefore plead with the Applicant to investigate the matter and also stop the respondents from removing the money from their various Bank accounts mentioned in the face of our motion paper,” Babalola stated.

Bank accounts of seven businessmen accused of defrauding Fouani N1.4bn frozen

Trends Admin

Recent Posts

BREAKING: Super Eagles qualify for AFCON 2025

BREAKING: Super Eagles qualify for AFCON 2025 The Super Eagles of Nigeria have secured their…

3 hours ago

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight    An Abuja-Lagos flight was…

5 hours ago

NNPC achieves 1.8mbpd crude oil production

NNPC achieves 1.8mbpd crude oil production The Nigerian National Petroleum Company Limited (NNPC Ltd) and…

5 hours ago

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year The federal government has unveiled…

5 hours ago

EFCC arrests ex-NCMB boss over $35m energy project fraud

EFCC arrests ex-NCMB boss over $35m energy project fraud The Economic and Financial Crimes Commission (EFCC)…

6 hours ago

FG gets fresh $134m loan from AfDB for agric projects

FG gets fresh $134m loan from AfDB for agric projects The Federal Government has secured a…

6 hours ago