Court docket adjourn case between Maize farmers, Ecobank to Oct. 21

YENAGOA (SUNDIATA POST)- State Excessive Court docket 14 Yenagoa on Friday adjourned the case between Maize Growers Processors and Entrepreneurs, Affiliation of Nigeria (MAGPMAN) Bayelsa Chapter, and Ecobank Plc to Oct. 21, 2025.

The farmers had alleged that the financial institution made unauthorized withdrawals from their accounts, resulting in monetary losses to them.

The farmers are searching for redress for the alleged monetary malfeasance.

The aggrieved farmers are searching for authorized redress from Ecobank over the financial institution’s unsatisfactory dealing with of their accounts which uncovered them to avoidable dangers and losses.

When the case got here up for pretrial listening to, the claimant’s Counsel Seimiekumo Avery, informed the courtroom that the case is for pre-hearing and presentation of witnesses, including that they’ve a movement to name further witnesses.

He mentioned that the movement was filed on September 29, 2025, and that the movement is searching for the approval of the courtroom to enlist three extra witnesses with particulars within the movement paper.

The courtroom presided over by Justice Amaebi Orukari, dominated that the claimants ought to amend their movement earlier than pretrial will start.

The choose thereafter adjourned the case till Oct. 21, 2025.

In response to the courtroom summons doc sighted by the Information Company of Nigeria (NAN), the farmers accounts domiciled with the Financial institution on the Anchor Borrower Programme of the Central Bank of Nigeria was run in breach of the CBN’s guidelines for the scheme.

The maize farmers are searching for a cumulative normal and punitive injury of N68 billion.

MAGPMAN Bayelsa state chapter of their grouse earlier than the courtroom, lamented that the fraud allegedly perpetrated by the business financial institution has left them with no selection than to hunt redress, because the financial institution (Ecobank) refuse to take heed to us in a manner we can have resolved the difficulty.

Underneath the scheme, every of the 894 members of the group will get N182,461.02 and is predicted to pay again N198,862.04 on the finish of the mortgage tenor, however Ecobank as we converse is even deducting N400,000, N300,000 and N205,000 because the case could also be from the poor farmers.(NAN)