Loan debt: Firm seeks stay of execution

By Robert Egbe

A firm, Pan Ocean Oil Corporation Nigeria Ltd and its affiliates, have asked a Federal High Court, Lagos to stay execution of an ex-parte order it granted on June 22, 2020 in favour of the Asset Management Company of Nigeria (AMCON) in respect of a disputed loan debt.

Justice Mohammed Liman had in that order filed by counsel to AMCON, Kunle Ogunba (SAN), authorised its…



Subscribe now for weekly news headlines roundup delivered directly to your inbox.

Thank you for subscribing.

Something went wrong.