Court Orders CBN and 3 Other Banks to Disclose ABU Credit Balance | The Guardian Nigeria News


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The Abuja National Labor Court on Monday ordered four banks to disclose the balances of all accounts managed by Ahmadu Bello University (ABU) Zaria within 14 days.

The banks listed are: Central Bank of Nigeria (CBN), First Bank Nigeria Plc, Fidelity Bank Plc and ABU Microfinance Bank (main campus and Kongo).

The judge, Judge Rakiya Haastrup, issued the order ruling on an ex parte petition filed by 110 university staff, wrongly dismissed by the institution’s authority.

The petition was filed pursuant to Order 51 of the Regulations of the Court and section 83 of the Sheriffs and Civil Procedure Act, CAP.407, Laws of the Federation of Nigeria, 2004.

“The court has considered this request and therefore considers that the pleas of the plaintiff / judgment creditors remain valid. All three prayers are answered.

“All named garnishee banks are required to file and serve on the plaintiff / judgment creditor an affidavit under oath disclosing the balance of the defendant / judgment debtors account held with the foreclosures.

“They should show why the amounts to the credit of the debtors should not be used to satisfy the judgment debt within 14 days from the date of receipt of the order,” she said.

The judge also issued an order authorizing the seizure of the amount credited to the respondents / judgment debtors with garnishments in favor of the judgment creditor.

According to her, the exposure of the unpaid amount is necessary in order to satisfy the judgment debt owed under the judgment of Judge PO Lifu rendered on November 30, 2015.

Haastrup also issued an order, directing banks to justify why they should not pay the 2.5 billion naira plus the salaries of claimants / judgment creditors from July 2016 to date.

It found that the amount payable included 10 percent interest awarded to the claimant / judgment creditors in the judgment for unpaid wages and other fees.

The court also authorized the plaintiffs / judgment creditors to serve the court order and other proceedings in the case on the garnished banks for service at their regional headquarters in Abuja.

The court, in November 2017, struck off a request for a stay of execution, filed by the university to block the payment of the sum.

Haastrup, in its decision, argued that the petition was “not competent, unfounded and therefore refused to grant it.

Haastrup said the request did not reveal any exceptional circumstances that the institution did not have the resources to pay the amount ordered by the court on November 30, 2015.

The claim stated that the defendants did not have the resources to settle the workers and would be financially crippled if they were allowed to pay the said sum to the remote workers.

The 110 workers, whose appointments were sacked in 1996, had taken the university to court, claiming they had been wrongly sacked.

They joined the Minister of Education, the Attorney General of the Federation and the Minister of Justice, as co-defendants in the trial.

The court, on November 30, 2015, ruled in favor of the workers, ordering the university to reinstate them and pay their fees.

The university has yet to comply with the ordinances, forcing this latest applicant to seek garnishment of the institution’s bank accounts with the above four banks. The judge set February 22 for the hearing of the merits.


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