It is now understood that the Court of Appeal sitting in Owerri has ordered the freezing of all accounts of the Imo State government and confiscation of all monies domiciled in them.
The order was issued by the court while delivering judgement on an appeal filed by the State Governor Rochas Okorocha, the state’s Attorney-General, the Environmental Transformation Committee and the Ministry of Petroleum and Environment, Imo State.
The state government had approached the court to upturn earlier judgments delivered by Hon. Justice Maryann Anenih of Maitama High Court, Abuja, and Hon. Justice Ijeoma Agugua, in suit numbers FCT/HC/M/9257/2016 and HU/538/2011, filed by one of its contractors, E. F. Network Nigeria Limited and Mr. Gideon Egbuchulam who the state owed N1 billion.
The Abuja courts had delivered judgments in favour of one of the state contractors. The Court of Appeal in its ruling on Monday (yesterday), ordered that the confiscated funds of the state be used to offset the N1 billion debt owed E. F. Network Nigeria Limited and Gideon Egbuchulam.