Lead Stories - Page 22 of 22 - ProbitasNews

The ex parte interim orders against Seplat Energy Plc, its CEO Roger Brown, and board chairman Basil Omiyi have been overturned by the Federal High Court in Lagos. Also vacated was the order that restrained Brown from participating in the running of the company, according to a statement on Thursday, April 6, signed by Omiyi. “The case has been adjourned to May 16, 2023, to continue the hearing,” the statement read. The interim orders were...

On Monday, Justice Tijjani Ringim of the Federal High Court in Lagos, sitting in Lagos, issued an order of interim forfeiture of the amount of N725,345,897.77 and Plot J 37A 218 Close, 2nd Avenue, Banana Island, Ikoyi, Lagos, which had allegedly been diverted from the Nigerian Maritime Administration and Safety Agency. After hearing Bilkisu Buhari, counsel for the Economic and Financial Crimes Commission, argue a motion ex parte, the judge granted the order. Buhari explained...