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Alex Enumah in Abuja Justice Inyang Ekwo of the Abuja Division of the Federal High Court yesterday ratified the appointment of a liquidator for Process and Industrial Developments (Nigeria) Limited (P&ID Nigeria), a company registered in Nigeria. The federal government, acting through the Economic and Financial Crimes Commission (EFCC), had appointed the liquidator to help trace and secure all assets and property of the P&ID Nigeria, which the court earlier ordered to be forfeited to the Nigerian Government after the firm’s conviction in a September 19, 2019 judgment. While delivering ru...

Alex Enumah in Abuja Justice Inyang Ekwo of the Abuja Division of the Federal High Court on Friday ratified the appointment of a liquidator for Process and Industrial Developments (Nigeria) Limited (P&ID Nigeria), a company registered in Nigeria. The federal government, acting through the Economic and Financial Crimes Commission (EFCC), had appointed the liquidator to help trace and secure all assets and property of P&ID Nigeria, which the court earlier ordered to be forfeited to the Nigerian government after the firm’s conviction in a September 19, 2019 judgment. While delivering ruling in...