In a recent development, the High Court of the Federal Capital Territory, Nyanya, presided over by Justice Edward Okpe, has issued a Mareva injunction, preventing eight financial institutions from transferring or dealing with funds in specified bank accounts pending the determination of a substantive suit.
The injunction was granted in response to a motion ex parte (FCT/HC/M/1962/2023) filed on December 13, 2023, and heard by Justice Okpe. The motion was brought by Martin Onoja Esq. on behalf of Bablink Resources Nig. Ltd. The substantive suit (FCT/HC/CV/589/2023) filed by Bablink Resources Nig. Ltd. is against Brentex Petroleum Ltd. and China Petroleum Pipeline Engineering Co. Ltd.
The court order prohibits the financial institutions, their servants, agents, and privies from transferring, dealing with, paying over, or disposing of any money in the specified bank accounts listed in “EXHIBIT A” attached to the affidavit supporting the motion.
Justice Okpe explicitly incorporated the bank account details attached to the affidavit as part of the order. The substantive suit seeks a declaration that the claimant (Bablink Resources Nig. Ltd.) collaborated with the defendants in the formation of the unincorporated Brentex-CPP Consortium. This consortium submitted a successful bid to the Nigerian National Petroleum Corporation for the Engineering, Procurement, and Construction (EPC) contract of a portion of the Ajaokuta-Kaduna-Kano Gas Pipeline (AKK Gas Pipeline Project).
