Thursday, 02 May, 2024

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Court Refuses To Stop Federal Govt Over $418m Paris Club Refund


Justice Inyang Ekwo of a Federal High Court sitting in Abuja, has refused to grant an injunctive order against the federal government over the bid to deduct $418million from the allocations of the 36 states government to fund their contractual obligations in the Paris club refund.

Justice Ekwo declined the request for an injunctive order made by the 36 state governors to stop the federal government from proceeding to continue further deductions from their money from the federation account.

The governors through their counsel, Sunday Ameh, had moved a motion praying the court to grant an Injunctive order against the federal government so as not to proceed with deduction of the $418million.

Their grouse was that they were not parties to a legal action which resulted in a judgement that ordered the federal government to deduct the 418 million dollars from the state governments account to settle the debt obligations to various contractors who assisted the states in the Paris club refund project.

The defendants in the case comprising contractors and banks had objected to the request by the state governors for the injunctive order against the federal government on the ground that a federal high court had earlier issued order that federal government should deduct the money.

Credit: Leadership

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