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Lagos
25.2 C
Lagos
Thursday, August 11, 2022
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Abuja court officials seal up First Bank regional HQ

First Bank Limited Regional Headquarters in Abuja was on Thursday sealed by order of a High Court sitting in the Federal Capital Territory.

The building located at the Central Business District, Abuja was sealed on Thursday due to the lender’s failure to obey a garnishee order.

A garnishee order is one of the options open to a judgment creditor to enforce a judgement that has been made in its favour.

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It is a common way of enforcing a judgment debt and it is used to enforce monetary judgments against a debtor to recover money.

NAN reports that officials of the FCT High Court Enforcement Unit invaded the bank with towing vans and cranes and towed some of the bank’s valuables away.

Some of the valuables include Hilux vans, generators and air conditioners.

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