Emmanuel Addeh in Abuja
A Federal High Court sitting in Abuja has dismissed a motion by two directors of an oil and gas company,Green Energy International Ltd, Mr. Ayodele Olojede and Dr. Bunu Alibe, seeking to discharge an ex parte order of the court granted in favour of the company.
The court had ordered the directors of the company to attend a board meeting and Annual General Meeting (AGM) to resolve their disagreement over a $300 million dollar Foreign Direct Investment (FDI) loan meant for the expansion of the company’s operation.
In its ruling on the application for the order discharging the exparte motion, ordered by the directors’ counsel, Alade Agbabiaka (SAN) , the court stated that the application had become, “academic and spent”, having expired and the order having been implemented by the plaintiff by holding the said meeting as required without any breach of peace.
Abuja
Abuja-federal-capital-territory
Nigeria
Justice-ijeoma-ojukwu
Bunu-alibe
Justice-ojukwu
Emmanuel-addeh
Ayodele-olojede
Green-energy-international-ltd
A-federal-high-court
Federal-high-court
Annual-general-meeting
Court fixes May 11 for hearing in suit involving Obasanjo’s ex-aide
On
Kindly Share This Story:
The Federal High Court, Abuja, on Tuesday, fixed May 11 for definite hearing in a suit involving Prof. Anthony Adegbulugbe, a former Special Adviser on Energy in the President Olusegun Obasanjo administration, and others.
Justice Ijeoma Ojukwu fixed the date after all pending motions relating to the substantive matters had been regularised by counsel to the parties.
Recall that Adegbulugbe, the chairman, Green Energy International Limited, and two directors, Dr Bunu Alibe and Mr Ayodele Olojede, have been locked in legal battle on the ownership and running of affairs of the oil company.
Nigeria
Ondo-state
Ondo
Abuja
Abuja-federal-capital-territory
Federal-republic-of-nigeria
Nigerian
Justice-ijeoma-ojukwu
Alade-agbabiaka
Anthony-adegbulugbe
Benbella-anachebe
Bunu-alibe