The denials were contained in the respondents briefs filed by the concerned banks and made available to newsmen on Sunday in Abuja, by Mr Anthony Agbonlahor, Counsel for the Judgment Creditors.
Justice Bello Kawu, went ahead to grant the prayer by directing the listed banks to show caused why the order should not made absolute. The apex court held that the appeal filed by the Imo state government and Gov. Rochas Okorocha challenging the judgment of the lower court was not meritorious. He further said the bank had such powers to track funds due to the state government in the consolidate revenue fund of Imo state. Abdullahi also argued that the bank did not part take in the actual sharing of funds to state from the Federation Account.
Similarly, Access Bank Nig, Plc in its response, agreed to oversee a number of the judgment debtor’s account but that the balances in those account abysmally negligible, adding that they were no recent transactions on the accounts. “The act of concealing of existing accounts on the part of the bank is a despicable action capable of making it incur liabilities of the judgment debtors.