“That the Plaintiff/Applicant reasonably believes that the defendants are on the verge of unbundling their assets to an unknown destination without contacting the Plaintiff/Applicant.

“Except this Honourable Court grants this application, the first defendants would dissipate their assets and transfer all the proceeds out of the jurisdiction of this Honourable Court. Thus, it will be impracticable for the Plaintiff/Applicant to recover the depositors’ funds availed to the 1st Defendant as credit facilities.”

Justice Oweibo has fixed October 13 for the hearing of the motion on notice.