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Investment Fraud: Court Bars Banks From Releasing N11.79bn To Couple

Investment Fraud: Court Bars Banks From Releasing N11.79bn To Couple

A Lagos State High Court in Ikoyi's Osborne area has ordered all commercial banks in the country to stop releasing funds totaling N11.795 billion to a Nigerian couple, Bamise and Elizabeth Ajetunmobi, who are accused of defrauding investors out of almost N22 billion. The court also issued an order barring the couple and their affiliated firms, Imagine Global Holding Company Limited and Imagine Global Solutions Limited, from accessing funds totaling N11,795,090,000 in their accounts until the matter against them is heard and decided. Following an ex parte application submitted on October 15 by the applicants through their lawyer, Adetunji Adedoyin-Adeniyi, Justice...

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