After Court Closure, First Bank Re-Opens Headquarters In Abuja
Fred Omotara, Lagos
Following the closure of it’s headquarters sealed by the FCT High Court Enforcement Unit over failure to comply with a garnishee order on August 4th, 2022, the First Bank Nigeria Limited has reopened its headquarters (Coomassie House) located at the Central Business District, Abuja.
A garnishee order is one of the options open to a judgment creditor to enforce a judgment that has been made in his favour.
It is a common way of enforcing a judgment debt and is solely used to enforce monetary judgments against a debtor.
Recall that officials of the FCT High Court Enforcement Unit had on Aug. 4, stormed the First Bank office with towing vans and cranes and towed some of its valuables.
Items carted away included stand-by generators, Hilux vans and air conditioners among other valuables.
However, the Bank in a statement said that their Coomassie House Branch was not sealed.
“On August 4, there was an unlawful enforcement at the bank’s Coomassie House branch of a garnishee order.
“The order was issued by a Federal High Court sitting in Abuja which the bank is still challenging in court.
“While the bank has taken appropriate legal steps to deal with the situation, we wish to reassure our customers of unhindered banking services and unique customer experience in all our branches,’’ the bank said