Court shuts two UBA branches in Gusau
A federal high court in Gusau, Zamfara State, has sealed off two branches of the United Bank for Africa (UBA) in Gusau.
A firm, Option One Agritrade Nigeria Ltd, sued the state government after it failed to pay for the contract for the supply of 1,000 units wheel dustbins at the cost of N91.4 million awarded to the company in 2010.
Daily Trust gathered that job was fully executed and the the government issued domiciliation of payment through the accountant general and permanent secretary of the state Ministry of Finance, but the contract sum was not paid.
In its ruling, the court led by Justice Fadima Murtala Aminu gave a garnishee judgement against banks where the Zamfara State Government maintains domiciliary accounts.
On 21st March 2016, an order was made that all the banks should show cause, which UBA did not do, hence the order by the court to shut them.