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- The Senator representing Anambra North federal constituency has denied reports that she is indebted to several banks
- Stella Oduah said reports making grounds is 'untrue allegations
- Oduah said she resigned from the company since 2010 which is indebted to Sterling Bank
The Senator representing Anambra North federal constituency has denied reports that she is indebted to several banks.
Stella Oduah said reports making grounds is 'untrue allegations'.
On Wednesday, February 22, a Federal High Court sitting in Lagos had given a restraining order on Oduah and Sea Petroleum from making withdrawals from 21 accounts in different banks in Nigeria.
But reacting the the matter Oduah said she resigned from the company since 2010 which is indebted to Sterling Bank.
She said the injunction from the court was got earlier after her resignation.
“I resigned from the company since 2010. Sterling got injunction on earlier order.
“They gave sea shipping facility to buy vessel. They defaulted . But the order lapsed today.
The lawyers appealed for set aside. That was what they argued and order was set aside," Oduah said.
The court had in its order placed a restriction on Oduah and Sea Petroleum from making any form of withdrawal from its account and that of three other companies domiciled in 21 different banks in the country.
The other companies, Sea Shipping Agency Ltd, Rotary Engineering Services Ltd, and Tour Afrique Company Ltd are said to be owing about 16.4 million dollars and N100.5 million.
The court also ordered the bank holding assets belonging to the senator and the four companies to seclude the debts owed as at November 2016.
The court's order was follwoing an affidavit filed by Business Manager of Sterling Bank Plc. Segun Akinsanya argued before the court by its Counsel, Mr Kemi Balogun.
The judge over the matter Justice Abdulaziz Anka further ruled that that court processes be advertised in National Newspapers.
However Oduah and her companies have prayed the court to discharge the order made against them.
Oduah in a preliminary objection urged the court to strike out the suit for lack of jurisdiction.
The matter was adjourned to Monday, March 20 for ruling on the application.
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