N24m Judgment Debt: Businessman Seeks EFCC Assistance
This was contained in a petition addressed to the anti-graft agency. The petition revealed that a 1994 business transaction between Baliol Nigeria Limited headed by the petitioner (Adebimpe) and Navcon Nigeria Limited owned by a group of Indians in collaboration with some Nigerians led to litigation which earned the later company (Navcon) the judgment debt. It was revealed that the litigation which began in 1995 at a Lagos High Court with Ref. No. LD/1130/95 ended at the Supreme Court in Suit No. SC/57/2003, Abuja in 2010 in favor of the petitioner, but, regrettably, the judgment debtor has t...
Source: thisdaylive.com