A businessman, Mr Tunde Folawiyo, has filed an ex-parte motion before a Federal High Court in Lagos seeking an order of stay of execution of ex-parte orders made against him in satisfaction of a judgment-debt.
Justice Lewis Allagoa had made orders against Folawiyo in a suit filed by the Asset Management Corporation of Nigeria (AMCON) over Folawiyo’s alleged unpaid debt of N727.9 million in relation to a company directorship at Compagnie Generale de Logistique.
Folawiyo, in a suit numbered FHC/L/CS/799/2020, is seeking an order of stay of execution of the ex-parte orders made against him on March 24, 2022 pending the hearing and determination of his Motion on Notice seeking to…
Source: Nigerian Tribune
