“A Federal High Court has issued Mareva injunctions freezing assets and accounts linked to General Hydrocarbons Limited, its affiliates, and media mogul Nduka Obaigbena over an alleged $225.8 million debt.”
“The Mareva injunctions restrain major commercial banks, including Guaranty Trust Bank, Access Bank, Zenith Bank, and First Bank, from releasing funds or facilitating transactions involving the defendants.
“Digital platforms such as Paystack and Piggyvest were also directed to freeze accounts associated with the embattled company and its affiliates.”
Echezona Okafor.