Tag
FEDERAL HIGH COURT
The Federal High Court in Abuja has frozen approximately N178,750,000 held in eight Nigerian banks, due to alleged fraudulent practices by a suspect resulting in a failed USDT transaction.
The Federal High Court, Abuja, has granted an interim freezing order against several accounts in Fair Money Micro-finance Bank Ltd, Palm Pay Limited, and Opay Digital Services Limited, mandating the organizations to reverse N139,630,000 credited to some of their customers and account holders as a result of a "system glitch" at TAJ Bank Ltd.
The Federal High Court has declared Julius Berger Nigeria PLC as the sole shareholder of Prime Design and Engineering Nigeria Limited following a share transfer from Martin Brack.
The Federal High Court in Abuja has remanded two former sales representatives at the Nigeria Correctional Centre pending the determination of their bail applications in a case involving the alleged sale of unregistered Brika Soya beans.
Haril Global Solutions Ltd and two others are challenging a court order that froze their accounts totaling N1.2 billion across multiple banks, alleging it was based on misleading information from Globus Bank and the EFCC.
The Federal High Court, Lagos Division, has held that it cannot force Oando Plc minority shareholders to sell their shares if they do not want to sell.
Justice Emeka Nwite ordered a bench warrant for Kuje Correctional Centre's medical doctor for failing to produce a medical report.
A Federal High Court in Abuja on Wednesday ordered the closure of two companies linked to the alleged $9.6 billion Process and Industrial Development (P&ID) Ltd scandal.
EFCC has secured a final forfeiture order of the Federal High Court Lagos against a $1.4 million allegedly linked to the former governor of the CBN), Godwin Emefiele.
Olom Otane Egoro, a compliance officer from Access Bank has told the Federal High Court Abuja that the name of Daudu Sulaiman, a co-defendant to Ali Bello, did not feature on the bank statements of the Kogi State Government House in Access Bank, between 2019 and 2021.
Two REA officials have been remanded after taking their plea in a rural electrification supervision fraud case by the ICPC.
Again, the planned arraignment of Yahaya Adoza Bello, a former Kogi State Governor before a Federal High Court sitting in Abuja has stalled amid an N 80.2 billion fraud charge instituted by the Economic and Financial Crimes Commission (EFCC).