• Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Sunday, August 17, 2025
  • Login
  • Register
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
No Result
View All Result
Home Business

Court orders CBN to freeze Polaris account over incurred debt

Reporter by Reporter
January 13, 2023
in Business
Reading Time: 1 min read
A A
0
Court orders CBN to freeze Polaris account over incurred debt
152
SHARES
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

An order which was made by Justice Adebusoye in an application filed by Ondo Attorney General and commissioner for Justice, sir Charles Titiloye revealed that an Ondo Court has granted a garnish order directing the Central Bank of Nigeria to freeze the account of Polaris Bank over a judgement debt of N2,162,561,509.84k

The judgement which was delivered in suit AK/75/2017 stated that Titiloye had filled the application over alleged failure and neglect of the bank to meet the condition of the stay of execution of the judgement. It was gathered that the Polaris Bank made unlawful deductions from the Government’s account with the bank and ordered a refund payment of damages.

However, further hearing of the matter was adjourned to Monday, January 16, 2023 after Justice Adebusoye granted leave to the state government to garnish the account of Polaris Bank with Central Bank of Nigeria.

RelatedPosts

Osun Youth Council Marks 2025 International Youth Day, Honours Engr. Ademola Agoro as Patron

Comfort Emmason’s True Social Media Account Uncovered Amid Public Confusion After Release from Remand

Stop Spreading Lies About My Late Father – Apostle Babalola’s Daughter Warns After Pastor Fatoyinbo’s Comment (VIDEO)

Source: The Nation

Tags: 9jaspectatorsCourt orders CBN to freeze Polaris accountspectatorsng
Previous Post

Cancer: I was placed on medication for life, Mercy Johnson talks on health struggles for first time

Next Post

Tension over kidnap of Mohammadu Buhari in Ilorin

Related Posts

Business

9mobile Rebrands as T2, Unveils Bold Digital-First Strategy

by Reporter
Adelabu Meets Energy Commissioners, Seeks Alignment on Power Market Reforms (VIDEO)
Business

Adelabu Meets Energy Commissioners, Seeks Alignment on Power Market Reforms (VIDEO)

by Reporter
13th Ace Mall Goes Live in Sagamu, Grand Opening Set for August 2
Business

13th Ace Mall Goes Live in Sagamu, Grand Opening Set for August 2

by Reporter
Next Post
Tension over kidnap of Mohammadu Buhari in Ilorin

Tension over kidnap of Mohammadu Buhari in Ilorin

Leave a ReplyCancel reply

Osun Youth Council Marks 2025 International Youth Day, Honours Engr. Ademola Agoro as Patron

Osun Youth Council Marks 2025 International Youth Day, Honours Engr. Ademola Agoro as Patron

by Reporter
0

The National Youth Council of Nigeria (NYCN), Osun State Chapter, on Saturday joined the global community to commemorate the 2025...

Comfort Emmason’s True Social Media Account Uncovered Amid Public Confusion After Release from Remand

Comfort Emmason’s True Social Media Account Uncovered Amid Public Confusion After Release from Remand

by Reporter
0

The name Comfort Emmason has continued to dominate discussions on social media following her recent release from remand after the...

Stop Spreading Lies About My Late Father – Apostle Babalola’s Daughter Warns After Pastor Fatoyinbo’s Comment (VIDEO)

Stop Spreading Lies About My Late Father – Apostle Babalola’s Daughter Warns After Pastor Fatoyinbo’s Comment (VIDEO)

by Reporter
0

Eunice Wuraola Ogini, the first daughter of the late Apostle Joseph Ayo Babalola, has issued a stern warning to pastors...

ParrotXtra Media Sympathizes With Yinka Ayefele Over Ibadan Fire Incident

ParrotXtra Media Sympathizes With Yinka Ayefele Over Ibadan Fire Incident

by Reporter
0

ParrotXtra Media Network, publishers of ParrotXtra Magazine and PMParrotng.com, has expressed deep sympathy with Dr. Yinka Ayefele, MON, following the...

No Result
View All Result
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News

© 2023 SpectatorsNG

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In