Court refuses to reverse order stopping payments of $418m Paris Club debts

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The court the matter relating to the Paris Club refund judgement debts till December 13.

The Federal High Court, Abuja, on Tuesday, refused to vacate its order restraining the federal gvernment from deducting monies accruing to the 36 states from federation account to settle $418 million judgment debt in relation to Paris Club refund.

The court had also ruled that the restraining order would subsist pending the determination of the substantive suit. “We have a motion ex-parte to serve the 9 defendant an originating process. The process dated Dec. 6 was filed on Dec 6 and it is praying for an order of substituted service on the 9th defendant,” he said.

However, Oyin Koleoso, who appeared for the 1st, 2nd, 4th and 6th defendants , informed the court that a motion asking the court to vacate the earlier order made had been filed. “That is what we are here for. A motion ex-parte is something done without the presence of the other parties, and it Is the first thing the court ought to do before adjournment,” he added.

“This is not an application that your lordship should hurriedly take. Let other defendants be here so that it will not be taken piecemeal,” he said.

 

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