First Bank sues Arisekola’s company over N7.2b debt

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In the file: First Bank of Nigeria

Akin Kuponiyi

In the file: First Bank of Nigeria

A Federal High Court, sitting in Lagos, has adjourned till Wednesday to settle the issue of legal representation among the lawyers involved in a suit filed by First Bank of Nigeria Limited against the company of the late businessman, Alhaji Abdul-Azeez Arisekola Alao’s Lister Oil Limited, to recover a loan of N7.2 billion.

Different individuals have given different lawyers mandate to represent Lister Oil Limited in the impending suit.

Meanwhile, the order granted by the court directing the directors, shareholders and agents of Lister Oil Limited to yield up possession and deliver to the receiver …Read More

Source:: PM Newspaper