Court Restrains NNPC, Banks from Paying Chinese Firm Over Alleged $117,000 Debt
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Wale Igbintade
Justice Stephen Daylyop of the Federal High Court sitting in Port Harcourt, Rivers State, has restrained the Nigerian National Petroleum Company Limited (NNPC Ltd) and all banks in Nigeria from paying any money to Beijing Seajets International Forwarder Company Limited pending the determination of an alleged $117000 debt.
The court specifically restrained NNPC Ltd from releasing funds to the Chinese firm, its directors, shareholders, agents, servants or privies “in whatever
Justice Stephen Daylyop of the Federal High Court sitting in Port Harcourt, Rivers State, has restrained the Nigerian National Petroleum Company Limited (NNPC Ltd) and all banks in Nigeria from paying any money to Beijing Seajets International Forwarder Company Limited pending the determination of an alleged $117000 debt.
The court specifically restrained NNPC Ltd from releasing funds to the Chinese firm, its directors, shareholders, agents, servants or privies “in whatever
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