Tag Archives: Asset

Alleged $85.8million Debt: Appeal Court unfreezes Seplat Petroleum Assets

The Court of Appeal, Lagos Division has suspended an order of Mareva injunction which froze the accounts of an oil firm, Seplat Petroleum Development Company over an alleged $85.8million legacy debt. The Appellate Court overturned the decision of Justice Rilwan Aikawa of a Federal High Court in Lagos that granted the Mareva injunction last November 23, in a suit by ...

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