Sani Dangote,
younger brother of Africa’s richest man, Aliko Dangote and his brand, The Dansa
Foods Limited and Bulk Pack Services Limited are undergoing a law suit from
Union Bank.
Trial judge,
Justice Okon Abang said that the restraining order will be in force from now
till September 2014, the next hearing.
The Judge requested
all banks involved to file affidavits declaring the defendants statement of
accounts he has with them.
Union bank
had given Sani Dangote a loan of N5.2bn since September, 2008 but Dangote and
his companies has allegedly refused to pay back.
The banks
lawyer, Mr. Chukwudi Enebelihad seeked the mareva injunction to stop Dangote
from making use of any of his accounts pending the determination of the suits.
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