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Nigerian Court Makes Fresh Order Removing Akinwunmi As Edmark Marketing Limited Receiver

The Federal High Court, Lagos, has vacated the receivership of Edmark Direct Marketing Limited, a healthy living products marketing company.   Justice Dan Osiagor made the order on May 2, 2023, and re-affirmed it on July 4, 2023, thus ending the controversial appointment of the receiver/manager, Mr. Seyi Akinwunmi.   In May 2022, Justice C.J. Aneke appointed Mr. Akinwunmi as receiver/manager of Edmark upon the ex-parte application of its minority shareholder, Mr. Maurice Etim Anthony, who is laying claim to 5 per cent unpaid shares of Edmark. ....

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