Federal High Court Orders “Post No Debit” Freeze on Osun State Accounts Over $13.9m Arbitration Award
By: Ganiyu Olayinka The Federal High Court in Lagos has ordered commercial banks to place a “Post No Debit” restriction on accounts belonging to the Osun State Government, in connection with a $13.9 million arbitration award in favour of Gamji Nigeria Company Limited. Justice D.E. Osiagor made the interim order following an application by Gamji,…
