Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court has
issued an ex-parte order directing that the Paris-London Club Refund bank
accounts of Abia, Cross River, and Delta states be frozen.

The accounts to be frozen are listed as follows: Abia state Paris and London
Club Debit Refund, 1019892950, UBA Bank Plc; CRS Paris and London Club Debit
Refund, 101989719, UBA Bank Plc; and DTSG CRS Paris and London
Club Debit Refund, 1012906702, Zenith Bank Plc respectively.

The court gave the order amidst allegations that the governors of the three states preferred payment to family members, friends, and cronies in the guise of settling the fees for consultancy services at the expense of the real
consultant progenitor of the Paris-London Club Refund.

Abia state government reportedly owes the real consultant progenitor the sum
of $11,325,000 and N1.72bn; Cross River state government owes the sum of
$8,050,000 and N1.2bn; While, Delta state government owes $27,274,135 and

According to documents exclusively obtained by DAILY POST, the court order
was sequel to an affidavit in support of ex-parte originating summons sworn
to by Dr. Maurice Ibe, the Chairman and Managing Director of Mauritz Walton
Nigeria Ltd, and filed before the court by his Counsel; Alex Marama, Charles
Ude, and Kenneth N. Esq.

Ibe averred that there is an urgent need for the court to direct the third
defendants (United Bank for Africa (UBA) Plc and Zenith Bank Nig. Plc) in the
suits CV/2470/17, CV/2536/17, CV/2469/17 and motions M/8777/17,
M8780/17, M/8784/17 to, in the interim, stop further disbursement of the
money already in or accruing to the respective Paris-London Club Refund
accounts domiciled with them which belong to the three states respectively.
The Court also ordered the banks to set up an escrow account where the said
funds will be deposited pending the hearing and determination of the Motion
on Notice.

Abia state government led by Theophilus Orji had engaged Mauritz Walton
Nigeria Ltd on the 3rd of November, 2014 to pursue the refund of excess
deductions on foreign loans and miscellaneous charges in exchange of 30
percent of any fund recovered.
Similarly, Cross River government engaged the same consultancy firm on the
same date for the same purpose in exchange of 20 percent of any fund

Delta state government under governor, Emmanuel Uduaghan also engaged the
services of Mauritz Walton Nigeria Ltd in exchange of 30 percent of any fund

Justice Halilu, while granting the order freezing the accounts, adjourned the
suit to 7th September, 2017 for hearing.

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