Court seals Diamond Bank in Jos

Two branches of Diamond Bank Nigeria plc were yesterday sealed in Jos by Bailiff of Plateau State High Court following an enforcement of order for their failure to release the account of Cash Flow ABI Network.Speaking to newsmen at British American Junction branch, Chief Bailiff of Plateau State High Court, Bar Philip Longja said, “We have come with writ of attachment to carry the court order to release the judgment sum of N205, 783, 075 .08; these is a consent judgment which both parties agree upon”.
But the enforcement of the order turned chaotic at the British American Junction branch, where officials and the bank’s security resisted the enforcement of the order for more than two hour nationwidenews.net gathered that cash flow ABI Network bank account was frozen in July 2012 for allegation of fraud in some commercial banks including Diamond by the Economic and Financial Crime Commission (EFCC) and Nigerian Police.
Responding to the action, chairman and chief executive officer of the company, Philemon Ibrahim Gora said that the court had vindicated him and the company. “The court has ordered the bank to release our fund so that we can settle our client but they refuse to release our account. I went to Lagos and reported to EFCC that my bank account is frozen and has been debited illegally. My company is registered with Cooperate Affairs Commission (CAC). I am doing my business online”, he said.