Again, court restrains AMCON from selling IBEDC
Again, the Federal High Court in Lagos restrains the Asset Management Corporation of Nigeria from selling IBEDC Plc.
Source: pmnewsnigeria.com
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Again, the Federal High Court in Lagos restrains the Asset Management Corporation of Nigeria from selling IBEDC Plc.
The counsel to the applicants, Dele Adesina, had in November 2022 lamented AMCON’s ploy to dispose of IBEDC.
Justice Chukwujekwu Aneke in his ruling on interlocutory injunction sought by defendants in the suit specifically restrained the AMCON from alienating, selling, disposing or transferring the IBEDC pending the final determination of the suit before it.