Jos Federal High Court Stop Banks From Granting Jang N28.8 billion loan By Yakubu Busari, Jos

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Barely few days for Governor Jang to officially handing over, three former Attorney General of the state has sued the administration on N 28.8 billion loan at the Federal High Court sitting in Plateau state. The case which is slated to commenced hearing in a suit on the 29th April, 2015.
Justice Ambrose Alagua of the Federal High Court  granted the  prayers on a suit filed by three former Attorney General of Plateau state challenging the out-going Jang administration over 28.8 billion naira loan.
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He adjourned the matter till 29th April, 2015 for hearing into the suit by granting interim injunction preventing banks from releasing the money.
The Federal High Court sitting in Plateau state gave an interim order stopping banks from  granting  loan to the outgoing administration of Governor Jonah David Jang warning them on the implications.
Addressing journalists after the court proceeding at the Federal High Court premises in a suit filed by Luka D. Dalang and 2 others Vs the Attorney General of Plateau state and 18 others, Bar. Garba Pwaul SAN  ,the plaintiff’s counsel said , there is an interim order stopping banks from granting loan to governor Jang due to the limited time frame he has to stay in office .
He pointed out that the administration will barely spend another five weeks in office so accessing the funds may be colossal loss for the incoming government.
According to him, “we believe that no meaningful development can be carry out with such a huge amount so the loan will not be in the interest of the state,  the people should not allow such money to be taken away  where there is not  good faith attach.
Garba explained further that the 28.8 billion naira is yet to be access by the jang regime but if the banks went ahead to grant the loan it is contrary to contempt of court order which is punishable by law.
He urged the banks to stay further action any attempt to release such funds will be tantamount to bridging the court order.
One of the Plaintiffs, Bar .Isaac Dimka said, this is a government that is rounding up in less than few weeks so there is no reason for the government to take such loan.

He lamented that Jang should be busy preparing for his handing over note not trying to access loan at the expense of the citizens.

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