Supreme Court sets aside order freezing Nestoil, Neconde’s assets

The Supreme Court has set aside an order of the Court of Appeal freezing the assets of Neconde Energy Limited, Nestoil Limited and two others, over an alleged $1.1 billion indebtedness to FBNQuest Merchant Bank Limited and First Trustees Limited. A five-member panel of the apex court, in a judgement, on Monday, held that the three-member […] Supreme Court sets aside order freezing Nestoil, Neconde’s assets

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