http://www.newsmakersng.com/2017/10/13/court-seizes-n1-4bn-parislondon-club-loans-in-access-gtb/
NewsmakersNG
Ladipo Sanusi/

Access Bank Plc and Guaranty Trust Bank (GTB) have been ordered to surrender N1,442, 384,857.84 Paris and London Club loans hidden in their safes.
Justice Cecelia Mojisola Olatoregun of a Federal High Court, in Lagos, today, ordered that the loans that should have been refunded be temporarily forfeited to the Federal Government of Nigeria.

NewsmakersNG reports that Justice Olatoregun made the order while granting an ex-parte application filed and argued before her court by the Economic and Financial Crimes Commission (EFCC) through its lawyer, Ekene Iheanacho.

Apart from the order of temporary forfeiture of the stated amount, the court also ordered the EFCC to notify whoever is interested in the said money to appear before the Court and show cause why the loot should not be finally forfeited.

The Judge also directed the EFCC to publish the temporary forfeiture order in a National newspaper for the respondents or anyone who is interested in the money to appear before the Court and show cause within 14 days why final forfeiture order will not be made.

Listed as respondents in the suit are: Melrose General Services Limited: WASP Networks Limited and Thebe Wellness Services.

The EFCC in an affidavit deposed to by one of its investigators, Usman Zakari, stated that on May 26, 2016, the 36 state-governors through the Nigerian Governors Forum (NGF) engaged the services of consortium of consultants made up of GSCL consulting and Bizplus Consulting Services Limited tagged ‘GSCL Bizplus Consortium’, for the purpose of verification, reconciliation and recovery of over-deductions on Paris and London Club Loans on the account of states and local government between...http://www.newsmakersng.com/2017/10/13/court-seizes-n1-4bn-parislondon-club-loans-in-access-gtb/

confuse court