Abia court seals first generation bank branches

Abia State

Abia State

From Okey Sampson, Umuahia

An Abia State High Court in Umuahia, yesterday, sealed two first generation bank branches at Bank and Uzuakoli Roads, in Umuahia, the state capital.

The sealing was said to be connected with a judgement debt totalling $5 million. The development was said to have hampered operations in the two branches of the bank, as the enforcement team stormed their locations and sealed the gates as early as 7am, yesterday.

The creditor could not be immediately ascertained  as he had concealed his identity for security reasons.

Reports indicated that the sealing was also extended to the bank’s branches in the commercial city of Aba.

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