Court freezes La Campagne Tropicana’s accounts over alleged N46.7m debt

La Campagne Tropicana Beach Resort promoter Wale Akinboboye

A Federal High Court in Lagos has frozen the accounts of a tourism outfit La Campagne Tropicana Beach Resort in 27 commercial banks in Nigeria over an alleged N46, 798, 095.94 debt.

The interim order of mareva injunction by Justice Akintayo Aluko on May 17 was on an ex parte motion filed by Ecobank Nigeria Limited and ETI Specialised Resolution Company Limited.

The applicants sued the company and its founder Olawale Akinboboye in a bid to recover the alleged debt.

Justice Aluko restrained the defendants and their agents “from withdrawing, transferring, transacting and dealing in any manner howsoever any monies/funds in their accounts with the banks listed above, up to the sum of N46,798,095. 94m, pending the hearing and final determination of the Motion on Notice filed along herewith.”

The judge further ordered “the banks listed above to hold and preserve the funds of the first and second defendants in their accounts to the tune of N46,798, 095.94, pending the hearing and determination of the Motion on Notice.”

Aluko also directed banks to file their affidavit of compliance with the order made herein within 14 days of receipt of the order.

The matter was adjourned to June 1, 2023, for hearing of the motion on notice.