Court order lifting Mareva is declarative, can’t be stayed, suspended – GHL

General Hydrocarbons Limited (GHL) has said that the Federal High Court, Lagos discharge of the Mareva order against its assets and bank account is declarative and cannot be stayed.

In a statement reacting to First Bank of Nigeria’s position that banks could have obeyed the lifting of the Mareva order, GHL said that “in

law, a declarative order cannot be stayed, neither can it be…