Home Opinion Court blocks Oyo govt’s accounts in 4 banks over N3.4bn debt
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Court blocks Oyo govt’s accounts in 4 banks over N3.4bn debt

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Justice A. O Ebong of the Federal Capital Territory High Court in Abuja has granted a motion ex-parte for a garnishee order filed by ex-chairpersons and councillors, including Misters Bashorun Majeed, Bosun Ajuwon, and Idris Okusesi.

The order temporarily blocks funds in four banks operated by the Oyo State Government and its agencies, including First Bank, United Bank for Africa (UBA), Wema Bank, and Zenith Bank.

The funds are to settle an outstanding balance of N3,374,889,425.60 owed to former local government chairpersons and councillors sacked before the end of their tenure by Oyo State Governor, Seyi Makinde. The judgment debt was awarded by the Supreme Court on May 7, 2021, and the garnishee proceeding initiated by the ex-chairpersons and councillors is for the execution of the judgment.

The affected banks are ordered to show cause why the order should not be made absolute. Judgment debtors, including the Oyo State Governor, the Attorney General, the Commissioner for Local Government and Chieftaincy Affairs, the Accountant General, the House of Assembly, its Speaker, and the Oyo State Independent Electoral Commission (OYSIEC), have been served copies of the order. The case started when the ex-chairpersons and councillors sued to challenge the constitutionality of Sections 11 and 12 of the Oyo State Local Government Law 2001.

Despite a judgment declaring the sections unconstitutional, the Governor sacked the officials. The Court of Appeal later set aside the judgment, but the Supreme Court allowed the appeal and awarded a cost of N20 million against Mr Makinde.

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Written by
Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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