Senator Stella Oduah Speaks On Hight Court Freezing Of Her Accounts

A Senator representing a constituency in Anambra state has reacted in connection with a legal issue at the Federal High Court in Lagos which restrained her from making withdrawals from a company account.

Senator Stella Oduah has described as untrue, allegations that she was indebted to Sterling Bank and other commercial banks in Nigeria.

On Wednesday, a Lagos Federal High Court restrained Sen. Oduah and Sea Petroleum from making withdrawals from 21 accounts in some commercial banks.

However Oduah in an interview said that she had resigned from the company, Sea Petroleum which was alleged to be indebted to banks.

“I resigned from the company since 2010. Sterling got injunction on earlier order. They gave sea shipping facility to buy vessel. They defaulted . But the order lapsed today.

“The lawyers appealed for set aside. That was what they argued and order was set aside.”

The Federal High Court in Lagos restrained Sen. Stella Oduah and Sea Petroleum and Gas Company Ltd., from making any withdrawal from its account and those of three other companies domiciled with 21 banks.

The other companies include: Sea Shipping Agency Ltd, Rotary Engineering Services Ltd, and Tour Afrique Company Ltd.

The court issued the orders over an alleged indebtedness of the defendants in the sum of about 16.4 million dollars and N100.5 million.