The two former directors Ayodele Olojede and Dr Bunu Alibe, who are minority shareholders, in their suit are claiming that they were not properly briefed on the agreements and thus the projects, should be truncated.
Browsing: Prof. Anthony Adegbulugbe
The News Agency of Nigeria reports that two aggrieved Directors in the company, Dr. Bunu Alibe and Ayo Olojede, had filed a petition in the court alleging injustice, cheating and demanding N250 million in damages.
Justice Ijeoma Ojukwu fixed the date after all pending motions relating to the substantive matters had been regularised by counsel for the parties.
Green Energy International Ltd have dragged themselves before a Federal High Court in Abuja over the ownership of the oil company.