The Lagos division of the Federal High Court has struck out an order for the Asset Management Corporation of Nigeria (AMCON) to enforce receivership over oil and gas firm General Hydrocarbons.
General Hydrocarbons is owned by Nduka Obaigbena, the chairman of THISDAY Group and ARISE Media Group.
Justice Akintayo Aluko on Friday ruled that a suit initiated by Seyi Akinwunmi, the receiver/manager appointed by the corporation over the assets of the energy firm to implement…
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