A significant development has occurred in the ongoing legal dispute involving Dr. Ambrosie Bryant Chukwueloka (ABC) Orjiakor, the Co-Founder and former Chairman of Seplat Energy, as Justice Nicholas Oweibo of the Federal High Court in Lagos has granted an order to freeze Orjiakor’s bank accounts and assets. This action comes in response to allegations of indebtedness to Access Bank Plc.
The court order, issued in response to a Motion Ex Parte dated July 12, 2023, filed by Access Bank, restricts Dr. Ambrosie Bryant Chukwueloka Orjiakor from operating or withdrawing funds from his bank accounts within Nigeria. Additionally, the order prohibits him, his agents, servants, or any other individuals under his authority from tampering with his finances in any way. This freeze remains in effect pending the outcome of the Motion on Notice for the appointment of a Special Manager, which has also been filed.
The legal proceedings, brought under charge number FHC/L/BK/08/2023, involve not only Dr. Ambrosie Bryant Chukwueloka Orjiakor but also include other entities linked to him. Seplat Energy Plc, Helko Nigeria Limited, Neymeth International Pharmaceuticals Plc, Salvic Petroleum Resources Limited, Zebbra Energy Limited, ORDREC Group Limited, Helko Marine Services Limited, Pondents Berwick Nigeria Limited, Abbeycourt Petroleum Company Limited, Abbeycourt Energy Services Limited, Abbeycourt Company Limited, and Pursley Resources Limited are also respondents in the case.
The court order outlines various prohibitions and directives, including restraining the respondents from dealing with shares, investments, bonds, or any assets held by Dr. Ambrosie Bryant Chukwueloka Orjiakor directly or indirectly. It also authorizes the creditor, Access Bank, to take over and preserve assets belonging to the debtor. Notable properties listed include multiple addresses in Lagos and Port Harcourt, as well as a country mansion in Uli, Thiala Local Government Area of Anambra State, Nigeria.
Furthermore, the order empowers law enforcement agencies, including the Nigeria Police Force, to assist in the execution of the court’s orders.
The ongoing legal proceedings underscore the significance of the case, drawing attention to the complexities and implications of financial disputes involving prominent business figures. As the legal process continues, stakeholders are watching closely for updates on the outcome of the Motion on Notice and its potential impact on the parties involved.
