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Court unfreezes Petralon accounts over facts suppression by Eurafic Energy

The court became aware that Eurafric misled it while considering Petralon 54’s affidavit in response to Eurafric’s Counter affidavit deposed to on October12, 2022.

Dawes islandNigeria generalIbrahim ajilaJustice daniel osiagorJustice osiagorEcobank bank plcAccess bankJaiz bank plcKeystone bank plcGlobus bank plcProvidus bank plcPetralon energyPolaris bank plcFirst bankSterling bank plcPetroleum prospecting license no

Material facts suppression — Court faults Eurafric Energy, unfreezes Petralon accounts

A federal high court in Lagos has vacated an order freezing bank accounts belonging to Petralon 54 Limited, an oil company and Petralon.

Dawes islandNigeria generalIbrahim ajilaDaniel osiagorEcobank bank plcAccess bankKeystone bank plcJaiz bank plcGlobus bank plcProvidus bank plcPetralon energyPolaris bank plcSterling bank plcFirst bankStandard chartered bank plcEurafric energy

Suppression of material facts: Court unfreezes Petralon s 18 bank accounts

Justice Daniel Osiagor of a Federal High Court sitting in Lagos on Friday, October 15, 2022, vacated an order it granted, freezing the bank accounts

Dawes islandNigeria generalIbrahim ajilaJustice daniel osiagorJustice osiagorEcobank bank plcJaiz bank plcKeystone bank plcGlobus bank plcProvidus bank plcPetralon energyPolaris bank plcGovernment agencyFirst bankSterling bank plcPetroleum prospecting license no

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