Akin Kuponiyi
A loot recovery suit filed by the Federal Republic of Nigerian and two of its agencies Nigerian Petroleum Development Company Ltd (NPDC) and Nigerian National Petroleum Corporation (NNPC) against two oil companies Atlantic Energy Drilling concepts Nigeria Limited (AEDC) and Atlantic Energy Brass Development Limited (AEBD), in order to recover the sum of $1,762,338,184.40.has further been adjourned till 10th of November, 2017 for hearing.
The case did not go on Friday as scheduled because the court did not sit. Joined as co -defendants in the suit are two Nigerian businessmen Olajide Omokore and Kolawole Aluko who are both Chairman and Director of the two companies respectively.
Meanwhile, there is pending application filed before the court by Omokore and Aluko and their companies urging the court to set aside the interim order and stay further…
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