Court orders CBN to freeze Polaris Bank’s account

Justice Adegboyega Adebusoye of the Federal High Court, Akure, on Friday ordered the Central Bank of Nigeria (CBN) to freeze the account of Polaris Bank over a N2.16 billion judgment debt.

The judge granted the garnishee order while ruling on an application filed by the Ondo State’s Attorney-General and Commissioner for Justice, Charles Titiloye.

A garnishee order is one of the options open to a judgment creditor to enforce a judgment that has been made in its favor.