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Seplat Crisis Spirals Out of Control as Court Suspends CEO, Chairman, Others – THISDAYLIVE

Seplat Crisis Spirals Out of Control as Court Suspends CEO, Chairman, Others – THISDAYLIVE
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Court Suspends Seplat s CEO, Chairman, Others

The crisis rocking Seplat Energy Plc took a turn for the worse, as a Federal High Court sitting in Abuja, suspended the company’s Chief Executive Officer, CEO, Roger Brown, and Board Chairman, Basil Omiyi, pending the determination of the Motion on Notice for Interlocutory Injunction filed by some aggrieved shareholders of the company.

Nigeria s Corporate Affairs Commission Writes Seplat Energy, Asks Parties To Obey Court Order Suspending Annual General Meeting

  The Nigerian Corporate Affairs Commission (CAC) has decided not to participate in the forthcoming Annual General Meeting (AGM) of Seplat Energy PLC due to an order from Justice Inyang Ekwo of the Federal High Court. Seplat had scheduled its AGM for Wednesday, May 10, 2023, and issued statements reassuring that it would hold despite the April 28, 2023 order against the company, its CEO, Board Chairman, Independent Non-Executive Directors, and the Corporate Affairs Commission.

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