The Abuja headquarters of First Bank located at the Central Business District had a raw deal on Thursday as it was sealed by the FCT High Court Enforcement Unit over failure to comply with a garnishee order.
One needs a judgment from the court before he/she can apply for a garnishee order.
Therefore a garnishee order is a court order that allows one to recover the judgment debt from:
- the other party’s bank account
- the other party’s wages
- someone else who owes money to the other party.
The person the order is addressed to (the employer, bank or person who owes money to the other party) is known as ‘the garnishee’
Efforts to get the head of the unit and the bank’s officials to speak on the development proved abortive.
Some staff of the bank, while reacting to the development, described it as embarrassing, saying it could have been handled differently.
The bank’s headquarters in Lagos has also failed to react to the development, as calls and text messages put across to the cell phone of an official in the Communications Unit of the bank were not responded to.
Most of the bank’s customers were seen in groups hanging outside the bank’s premises.