BusinessLegal/Judiciary

Court says ICPC cannot freeze bank accounts without a valid order

By Francis IWUCHUKWU

The Independent Corrupt Practice Other Related Offences Commission (ICPC) do not have the right or power to place a lien or Post No Debit on any bank account without a valid court order.

The above was the declaration of a Federal High Court sitting in Ikoyi, Lagos State, Nigeria, presided over by Justice Peter Lifu while delivering judgment in an action. Instituted by a construction firm, Efoba Construction and Engineering Services Limited against ICPC and a bank.

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