Judge advises parties to reconcile

37


Justice Mohammed Liman, of a Federal High Court in Lagos, has advised the lawyers to parties in N58.9billion loan dispute between Pan Ocean Oil Corporation Nigeria Limited (POON), its affiliate companies and Asset Management Company of Nigeria (AMCON) to work through the process of settlement and take interest of parties into consideration.

Justice Liman gave this advice when the parties appear before him and reported that they have not been able to agree on terms of settling out of court.

The judge who noted that the actions of the receiver may affect the fiscal policy of the country stated that It is not for the court to set criteria for parties, on how to resolve the disputes.

Justice…



Source: Nigerian Tribune