Alleged Fraud: Court Bars Banks From Releasing Funds To Imagine Lenders

Court has barred banks from releasing funds to Imagine Global founders.

Gatekeepers News reports that the federal high court in sitting at Osborne, Ikoyi, has restrained about 21 commercial banks in Nigeria from releasing funds to Imagine Global Holding Company Limited, Imagine Global Solutions Limited and its owners, Bamise and Elizabeth Ajetunmobi, over an alleged N22 billion scam.

Gatekeepers News had earlier reported that the couple are currently running with billions of Naira in investors’ funds. At the same time, efforts are being made by some persons to track them down in the United Kingdom, where it is believed they have been hiding.

Gatekeepers News was first alerted by a concerned Nigerian whose family members have their funds in the scheme. “The couple can’t be reached, but my people have been assured that their funds are safe and that we shouldn’t alert anyone, but I doubt if that’s the best way to go”, said our whistleblower.

The company named Imagine Lenders is managed by couple- Bamise Samson Ajetunmobi and his wife, Elizabeth, who have been both declared wanted for fraud.

The court while ruling on an ex parte application in suit no: LD/579CM/2021, filed by aggrieved investors of the company through their counsel, Adetunji Adedoyin-Adeniyi, the court granted a Mareva injunction restraining the defendants from accessing funds up to N11,795,090,000 in their accounts pending the hearing and determination of the Motion on Notice.

The banks are Guaranty Trust Bank, Access Bank, Citi Bank Nigeria, Ecobank Nigeria, Fidelity Bank, First Bank, First City Monument Bank, Globus Bank, Heritage Bank, Jaiz Bank, Keystone Bank, Polaris Bank, Providus Bank, Stanbic IBTC Bank, Standard Chartered Bank, Sterling Bank, Union Bank, United Bank For Africa, Unity Bank, Wema Bank and Zenith Bank.

According to the motion, the N11,795 billion was the outstanding investments and returns accruing to the claimants/applicants from the defendants.

Abdullahi Oyekan-Abdullai, the judge, while granting the application on October 24, also restrained the defendants, in the interim, from dealing with any and all of the monies standing to their credit in any accounts in the banks up to the amount.

The judge directed the banks to file and serve on the claimants/applicants’ counsel within seven days of service of the order on them, an affidavit disclosing the balance on the defendants’ accounts.

The court also directed the applicants to file an undertaking.

The matter was adjourned till November 3.