Marshalls from the Osun State High Court on Thursday stormed the four branches of Skye Bank Plc in Osogbo, the Osun State capital, sealed them and removed some valuable property to execute the order of the court got from Tuns Farms Nigeria Limited against the bank.
Tuns Farms Limited and other subsidiaries of Tuns company had got three separate court judgments against the bank totalling N3,991,150 .000 ( N3.9bn) and the judgments were affirmed by the Court of Appeal, Akure .
The company applied to the court and got the writ of attachment and sale against goods of judgment debtor (Skye Bank) and the order was executed with the sealing of the branches and removal of the bank’s property.
The Marshalls, who were escorted to the branches by heavily armed policemen drove out the bank officials, locked the doors and removed some property. Items such as generators, vehicles, air conditioner and some items from the bank were removed and taken away by the court officials.
The sealing of the branches of the bank distrupted the plans of many customers as many of them had come to make withdrawals and they just wondered why the bank should be sealed up.
