Four banks sealed by a court in Owerri on Wednesday following their refusal to obey a court judgment have been unsealed.
The affected banks are Diamond Bank on Item Street, United Bank for Africa on Mbari Road, First Bank and Union Bank, both on Bank Road.
They were sealed following their failure to obey a garnishee order from the Industrial court of Nigeria in Owerri, which ordered them to comply with its judgment in a suit between a former governor of Imo State, Ikedi Ohakim; and the incumbent, Rochas Okorocha.
Ohakim had gone to court owing to the failure of his successor, Okorocha, to pay him his entitlements as a former governor of the state.
The court delivered judgement in the plaintiff’s favour, but the defendant refused to comply.
Ohakim went back to the court, seeking a garnishee order that would comply banks where Imo Government accounts were domiciled to pay him, which the court granted.
The order was issued in favour of Ohakim, but the affected banks refused to comply with court order, which led to the sealing of the banks.
A source at UBA told our correspondent that his bank had complied with the garnishee order, which led to its unsealing on Wednesday evening.
Another employee of Diamond Bank confided in our correspondent that the bank on Thursday paid the money, which led to its reopening for business immediately.
The employee said, “We have complied with the garnishee order. We have paid the money. We had no choice. The headquarters ordered us to comply immediately before we lose our customers.”
When our correspondent visited the affected banks, the facilities were fully in operation.