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Nairaland Forum / Nairaland / General / Crime / Homenews Court Blocks Shell’s Accounts Over $2.7bn Oil Theft (141 Views)
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Homenews Court Blocks Shell’s Accounts Over $2.7bn Oil Theft by Rozyblinkz: 11:05am On Feb 19, 2021 |
@NatureNews A Nigerian Court has directed 20 commercial banks to block the accounts of oil giant, Shell Petroleum Development Company of Nigeria Ltd, in a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted from AITEO Eastern E & P Company Ltd. In Federal High Court, Lagos, Justice Oluremi Oguntoyinbo gave the order following an ex- parte motion in suit marked FHC/L/ CS/52/202 which has AITEO Eastern E & P Company Ltd as the plaintiff/applicants and SPDC Ltd as the first defendant. For more updates visit www.naturenews.africa |
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