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Court freezes businessman Sunny Odogwu's accounts in 19 banks over alleged N26b debt A Lagos Federal High Court, presided by Judge Saliu Seidu has ordered 19 commercial banks in Nigeria, to refrain top businessman Chief Sunny Odogwu, and his two companies: Robert Dyson & Diet Limited, and SIO Properties Limited, from making any withdrawal from their accounts.
The order of the court followed an order of Mareva injunction, Diamond Bank Plc, for alleged refusal of Chief Odogwu and his companies to offset the loan of N26,229,943,035.22, they obtained from the bank (A Mareva injunction is a temporary injunction that freezes the assets of a party pending further order or final resolution by the Court).
The bank also sought for an order restraining Chief Odogwu and his two companies, their agents, privies, or assigns from disposing, selling, transferring, and or alienating any of its movable or immovable asset, money, share, stock and other negotiable instrument pending the determination of the substantive suit.
The bank in a sworn affidavit, claims that sometimes in 2007, SIO Properties Limited, and Chief Odogwu, on behalf of Robert Dyson & Diket Limited company, approached the bank and required huge finance to be applied and disbursed as at when due for their project called 'Luxury Collection Hotels and Apartments', formerly Le Meridian Grand Tower, to be constructed at 31-35, Ikoyi Crescent, Ikoyi, Lagos, in the name of SOI Properties Limited of which Chief Sonny Odogwu is the chairman and major owner.
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The bank is also asking for an order granting leave to it to foreclose and sell the said property situated at 31-35 Ikoyi Crescent, Ikoyi, Lagos. The case has been adjourned till December 12 by the judge .
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.... Success is not really about the amount of money you have.Strippers in Lagos state earn as much as 150,000 naira weekly exposing their naked bodies in clubs.Also, some politicians steal public funds,and leave their people to suffer.The list of ungodly means of making money are endless.Can we say people who make lots of money by ungodly means are successful?The likes of Bill Gates and Aliko Dangote can never be poor simply because they have a solution to some of human problems.Bill Gate helps solve the problem of information technology. ..click here only if you are using your phone
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Dangote helps solve the problem of getting some basic needs like salt,cement,flour,steel,oil and gas and real estate.I think success is fulfilling your destiny on earth,and achieving your vision.A lot of rich people today are not successful.What is your own definition of success??? .... TO BE CONTINUED TOMORROW...JOIN US TOMORROW FOR MORE ON THIS FUNNY AND EXCITING STORY }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} ..click here only if you are using your phone
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