Vehicles belonging to Senator Andy Uba has been siezed in his Abuja residence over a N50 million debt resulting from a loan he took from Oranto Petroleum Limited.
Officials of the Execution Unit of the Federal Capital Territory High Court in Abuja, with support from the Nigeria Police Force, too the action on Tuesday.
The seized Jeep vehicles were impounded at Uba:s residence at No. 49 T.Y Danjuma Street, Asokoro, Abuja following a judgement of an Anambra State High Court delivered on March 6, 2017, in a case presided over by Justice Mbonu Nwenyi of the Aguata Judicial Division Ekwulobia.
The complainant, Oranto Petroleum, is a Pan-African oil exploration and production company owned by Nigerian multi-millionaire, Arthur Eze.
While the judge held that Uba as the defendant in the case had not denied receiving the friendly interest-free loan from the plaintiff, he added that having gone through the statement of defence of the defendant, the defendant had not disclosed any good defence to the suit and in such circumstance the plaintiff was entitled to the judgment.
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