In a motion ex parte filed pursuant to Order 12 Rules 1 and 2 and Order 26 Rule 26 Rule 3 of the court’s rules, the bank, through its lawyer, Mr. Kunle Ogunba (SAN), said it was convinced that “there is no sustainable defence or any defence at all on the part of the defendants to the suit of the plaintiff.”In a 29-paragraph affidavit filed in support of the application and deposed to by one Oluwafunmilola Salami, the bank claimed that the refusal of Zamfara State to pay the alleged debt “is injurious to the plaintiff in its business as a custodian of third party’s funds.”According to the deponent, the state had in May 2009 obtained a loan of N1.5bn from the defunct Ocean Bank Plc, which was later consolidated with Ecobank.Salami added, “I am perfectly aware of the fact that the major security for the disbursement of the said loan facility was the Irrevocable Standing Payment Order from the state government’s VAT account domiciled then with the First Bank of Nigeria Limited, Gusau branch.
“The facility however suffered a setback when First Bank of Nigeria Limited stopped the warehousing of the state Federation Account Allocation Committee and consequently declined further remittance for the payment of the indebtedness that arose from the subject facility.”The trial judge, Justice Okon Abang, while adjourning the matter till Friday, July 10, 2015, to take all pending applications, said there would be no further adjournment in the matter.The judge noted that the defendants had taken steps contrary to the provisions of Order 12 under which the plaintiff filed the suit, asking for transfer to the undefended list.
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