Court vacates order against Jimoh Ibrahim’s assets
Justice Okon Abang, in a ruling, also vacated all consequential orders earlier made by the court on Jan. 4 but differently constituted by Justice Rilwan Aikawa of a Federal High Court, Lagos.
A Federal High Court, Lagos, had on, Feb. 17, declined to vacate an interim order through which AMCON seized property belonging to Ibrahim.
Ibrahim, NICON Investment Ltd and Global Fleet Oil and Gas Ltd, had prayed the court to set aside the order for “non-disclosure and misrepresentation of material facts.”
They further prayed the court to order AMCON to pay N50 billion indemnity for alleged failure to conduct due diligence before obtaining the said order and for misrepresentation and concealment of fact.
But Aikawa, in a nearly…
Read All From The Original Article on The Nation